Bloomberg News

Yen Slides Against All Major Peers as Asian Stocks Advance

February 17, 2012

Feb. 17 (Bloomberg) -- The yen slid against all 16 of its major peers as Asian stocks rallied, curbing demand for haven assets.

The Japanese currency dropped 0.2 percent to 79.13 per dollar as of 10:41 a.m. in Tokyo. It lost 0.3 percent to 103.99 per euro. The MSCI Asia Pacific Index of stocks jumped 1.2 percent.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


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