Yen stabilises as report forecasts big depreciation of renminbi
Currency market turmoil expected to figure in communique issued by the G-20 leaders
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Tokyo
SIGNS that the yen's ascent may have topped out strengthened on Friday, when the currency retreated against the dollar.
Having hit a 14-month high against the dollar of 107.63 early this week, triggering a barrage of warnings about official intervention by the Japanese authorities, the yen retreated to 109.65 by the close of Tokyo trading on Friday.
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