Arab Today, arab today dollar trades near 99 yen line in tokyo
Last Updated : GMT 16:38:19
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Dollar trades near 99 yen line in Tokyo

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Arab Today, arab today Dollar trades near 99 yen line in Tokyo

Tokyo - XINHUA

The U.S. dollar traded near the 99 yen line early Thursday morning in Tokyo after Federal Reserve Chairman Ben Bernanke suggested Wednesday that the U.S. economy needs accommodative monetary policy for the foreseeable future. At 9 a.m., the dollar was quoted at 98.98-99.01 yen compared with 99.60-70 yen in New York and 100.45-47 yen in Tokyo at 5 p.m. Wednesday. The euro fetched 1.3116-3119 dollars and 129.85-88 yen against 1.2967-2977 dollars and 129.25-35 yen in New York and 1.2810-2812 dollars and 128.68-72 yen in Tokyo late Wednesday afternoon.  

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