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Yen slide and Tokyo stock price climb set to continue

Monday, December 19, 2016 - 05:50

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The yen slumped to a more than ten-month low of 118.20 to the dollar in Tokyo on Friday and, with analysts saying that international tolerance for a weaker yen is rising, the currency is seen likely to break soon through the 120 mark and to continue on down from there.

Tokyo

THE yen slumped to a more than ten-month low of 118.20 to the dollar in Tokyo on Friday and, with analysts saying that international tolerance for a weaker yen is rising, the currency is seen likely to break soon through the 120 mark and to continue on down from there.

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