Yen appreciates on China's manufacturing slowdown

Source: Bloomberg
The Japanese Yen rose 0.5% to 98.70 per U.S. Dollar and 0.8% to 128.66 per Euro by midday trading session in Tokyo on Tuesday. The Japanese currency gains, as investors are concerned about a report indicating a slowdown in China's manufacturing growth. Last news spurred uncertainty about the largest Asian economy and its faltering growth.

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