Bloomberg News

Yen Falls on Speculation BOJ Will Take New Steps for Growth

June 12, 2011

June 13 (Bloomberg) -- The yen fell against the dollar and euro on speculation the Bank of Japan will introduce more stimulus measures to support economic growth.

The yen declined to 80.64 per dollar as of 10:29 a.m. in Tokyo from 80.32 in New York on June 10. Japan’s currency fetched 115.54 against the euro from 115.24

To contact the reporter on this story: Ronnie Harui in Singapore at rharui@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus