Yen Falls as Easing Concern Over Europe’s Crisis Damps Demand for Safety
The yen fell after European officials eased the terms of loans for cash-strapped nations and expanded aid for Greece, reducing demand for safer assets. Japan’s currency traded at 113.22 per euro at 7:16 a.m. in Tokyo from 112.94 yesterday. It was at 78.52 per dollar from 78.30.
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