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Dollar Plunges below 129 Yen in Tokyo after U.S. Inflation Data

Dollar Plunges below 129 Yen in Tokyo after U.S. Inflation Data

   Tokyo, May 12 (Jiji Press)--The dollar plunged below 129 yen in Tokyo trading Thursday as data suggested overnight that inflation in the United States may have peaked out.
   At 5 p.m., the dollar stood at 128.80-85 yen, down from 129.96-97 yen at the same time Wednesday. The euro was at 1.0459-0460 dollars, down from 1.0550-0550 dollars, and at 134.78-78 yen, down from 137.12-13 yen.

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AFP-JIJI PRESS NEWS JOURNAL


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