Japanese Yen and U.S. Dollar

Japanese Yen and U.S. Dollar

Yuriko Nakao/Bloomberg

The yen dropped to as low as 101.92 per dollar yesterday, the weakest level since May 29, about six months after it slid to a 4 1/2-year low of 103.74. Its decline this year makes it the worst performer after South Africa’s rand among 16 major currencies tracked by Bloomberg.