Dollar climbs to 16-month high against yen

Dollar climbs to 16-month high against yen

TOKYO, Japan - The U.S. dollar climbs to a 16-month high against the yen on the morning of Dec. 27 in Tokyo on buying prompted by weak Japanese economic data. The signboard at Tokyo Forex & Ueda Harlow showed the dollar rose to 114.26 yen at 11:40 a.m. In the morning, the dollar touched a low of 113.55 yen and a high of 114.35 yen, its highest level in Tokyo since August last year.

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