Yen weakens toward 100 per Dollar as Kuroda hails G-20 stance

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Source: Bloomberg
© Scanpix/Reuters
The Japanese currency weakened as Governor of Bank of Japan Haruhiko Kuroda indicated he was encouraged to continue a campaign in order to defeat deflation. The Yen dropped toward 100 per greenback for the first time since April 2009 and fell versus 13 of the 16 major peers. The currency slid 0.2% to 99.76 per Dollar as well as declined 0.2% to 130.10 per Euro, while the shared currency remained unchanged at $1.3042 against the greenback.

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