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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