yen

jmi

 

The yen rose against most of its major counterparts on Tuesday after government assurances of a weak link between local currency strength and exports.

 

A Japanese government official pointed to Tokyo's opposition to any currency clause in a trade deal with the United States, noting that the link between the yen and the country's exports had been cut off.

 

While, President Donald Trump has focused on exchange rate movements and the possibility of some countries manipulating them, pointing out that his administration has put a currency term in a trade deal with Canada and Mexico, and Washington will try to do the same when conducting business talks with Japan.

 

In terms of trading, At 19:17 GMT , US dollar fell against the Japanese yen by 0.1% to 111.7, the highest price of the day at 111.9, and lowest price at 111.6.

2019-03-08 07:56:56