Yen drops after Aso claims Japan avoided G-20 censure; Kiwi appreciates

Note: This section contains information in English only.
Source: Bloomberg
The Yen declined versus the greenback as Taro Aso, Japanese Finance Minister, indicated policies carried out after the currency fell to the lowest in four years went unopposed at the G-20 meeting in Washington. The Japanese currency plummeted 0.5% to 128.73 per Euro and slid 0.4% to 98.55 per U.S. Dollar, poising for a fourth day of declines. The shared currency advanced 0.1 to $1.3065. Meanwhile, after improvement in Asian stocks triggered demand for riskier assets, there was seen a rise in Australian and New Zealand currencies. The Aussie added 0.2% to $1.0325, while Kiwi gained 0.4% to 84.43 U.S. cents.

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