Bloomberg News

Yen Weakens Against Most Peers as Gains in Asian Stocks Sap Haven Demand

March 01, 2012

The yen and dollar weakened as gains in Asian shares sapped demand for so-called haven currencies.

The yen slid 0.3 percent to 108.26 per euro as of 9:33 a.m. in Tokyo. The dollar lost 0.1 percent to $1.3326 against Europe’s currency.

To contact the reporter on this story: Monami Yui in Tokyo at myui1@bloomberg.net

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


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