Dollar Gains Ground Vs. Yen
The dollar rose against the Japanese yen Thursday after Japanese officials made it easier for big investors to send their money overseas. But the dollar finished lower against European currencies.
During Asian trading, the dollar surged against the yen and helped lift the Tokyo Stock Exchange’s best-known index to a 19-month high.
By 4 p.m. in New York, the dollar was trading at 1.4755 marks, down from 1.4770 on Wednesday. It finished at 106.95 yen, compared with 106.10 the day before.
Currency in Dollar in Exchange Dollars foreign currency
Canada .7292 1.3713 France .1971 5.0725 Germany .6777 1.4755 Great Britain 1.5378 .6503 Italy .000636 1572.50 Japan .009350 106.95 Mexico .134138 7.4550