1 October 2001, 10:42  Yen Falls Against Dollar As New Quarter Begins

The yen fell against the dollar Monday, as the BoJ's weak Tankan report weighed on sentiment. Traders also saw yen weakness attributable to removal of the repatriation factors associated with the Japanese half-year end, which closed Friday. The pair were trading at Y119.80 in late Tokyo trade. The euro also bounced off early lows to trade at $0.9192, but trade was subdued ahead of a large economic data calendar this week.

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