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Dollar around 128.80 Yen in Tokyo after Overseas Plunge

Dollar around 128.80 Yen in Tokyo after Overseas Plunge

   Tokyo, May 13 (Jiji Press)--The dollar traded around 128.80 yen in late Tokyo trading Friday, following its plunge in overseas trading the previous day amid concerns that monetary tightening in the United States could lead to an economic slowdown.
   At 5 p.m., the dollar stood at 128.80-81 yen, little changed from 128.80-85 yen at the same time Thursday. The euro was at 1.0414-0417 dollars, down from 1.0459-0460 dollars, and at 134.16-17 yen, down from 134.78-78 yen.

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AFP-JIJI PRESS NEWS JOURNAL


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