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The Japanese yen hits year-to-date high against the dollar
[11/09/2024 01:45]
TOKYO-SABA
The Japanese yen hit its highest level since the beginning of the year against the dollar, today, Wednesday, with the first debate between US presidential candidates Kamala Harris and Donald Trump.

The yen also received a boost thanks to comments from Bank of Japan Board member Junko Nakagawa, who confirmed in a speech today that the central bank will continue to raise interest rates, if the economy and inflation move in line with its expectations.

The dollar fell 0.68 percent to 141.50 yen, while the euro rose 0.16 percent to $1.1038, recovering from an overnight drop to $1.10155 for the first time since Aug. 19.

Sterling rose to $1.3089 after falling to $1.3049 in the last session, its lowest level since Aug. 21.

The dollar index, which measures the greenback's performance against six rival currencies, fell 0.15 percent to 101.49 after rising to a one-week high of 101.77 on Tuesday.


Korea's Travel Account Posts Surplus for 3rd Month in Row
Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent

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