US dollar gains further vs yen, up 1pc

20 Mar, 2013

NEW YORK: The dollar rose 1 percent against the Japanese yen on Wednesday to a session high after a decision by the Federal Reserve to continue its aggressive monetary easing fueled optimism about the US economic recovery.

The dollar last traded at 96.02 yen, up 0.9 percent on the day, and touched as high as 96.13 yen according to Reuters data.

<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

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