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Dollar Drops to 111.50 Yen in Tokyo as Stocks Dive

Dollar Drops to 111.50 Yen in Tokyo as Stocks Dive

   Tokyo, March 22 (Jiji Press)--The dollar lost ground sharply to around 111.50 yen in Tokyo trading on Wednesday, dragged down by stock price plunges in Japan and the United States.
   At 5 p.m., the dollar stood at 111.50-50 yen, down from 112.82-83 yen at the same time Tuesday. The euro was at 1.0801-0803 dollars, up from 1.0781-0781 dollars, and at 120.45-45 yen, down from 121.64-66 yen.

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AFP-JIJI PRESS NEWS JOURNAL


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