Yen falls amid surge in stocks

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen is heading towards a second consecutive week of weakening against the U.S. Dollar and the currency depreciated against 16 of its major peers so far today. The rise in stocks decreased demand for the Yen, which lead it to fall 0.5% and 0.7% against the U.S. Dollar and the Euro respectively. The Asian shares rose as PBoC pledged to maintain stability in the country's money market.
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Fri, 28 Jun 2013 07:52:10 GMT

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