Aug. 24 (Bloomberg) -- The yen weakened after Moody’s Investors Service lowered its credit rating on Japan’s government.

The Japanese currency declined to 76.73 per dollar as of 8:06 a.m. in Tokyo, from 76.66 yesterday in New York. The yen was at 110.77 against the euro from 110.70.

To contact the reporter on this story: Garfield Reynolds in Sydney at greynolds1@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net