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U.S. futures and oil prices were higher. Japan’s benchmark Nikkei 225 was flat at 40,079.09. The Japanese yen weakened against the dollar, which was trading at 158.19 yen, up from 158.06.
Stock price board is seen after a ceremony marking the start of this year's trading Tokyo Stock Exchange Monday, Jan. 6, 2025, in Tokyo. ... The U.S. dollar rose to 157.73 Japanese yen from 157.65 ...
The dollar rose to 148.65 Japanese yen from 148.51 yen late Monday. The euro was unchanged at $1.0568. Besides the U.S. dollar, another investment that usually does well in times of stress also rose.
Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan’s finance minister rang in the New Year as Tokyo’s ...
The yen declined during the Japanese asset price bubble and continued to do so afterwards, reaching a low of ¥134 to US$ in February 2002.
Since December 28, 2016, the Bank of Japan has recommended the TONA rate as the preferred Japanese yen risk-free reference rate. [5] [6] TONA rate is recommended as a replacement for Japanese yen LIBOR, which was phased out at the end of 2021, and Euroyen TIBOR, which will be terminated at the end of 2024. [3] [7] [8] [9]
For example, an interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for US$1 or that US$1 will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141.
In stock markets abroad, Japan’s Nikkei 225 rose 1.8% as the value of the Japanese yen sank after Japanese Prime Minister Shigeru Ishiba’ s ruling coalition lost a majority in the 465-seat ...