Dollar buying prevailed in the New York market amid expectations of additional US rate hikes, and the yen temporarily fell to the lower half of the ¥158 range. The rate was ¥158.33–¥158.43 per dollar at 5:00 p.m., representing a 50-sen decline in the yen and rise in the dollar from the same time the previous day.
In the New York foreign exchange market on Friday the 9th, dollar buying prevailed amid expectations of additional US rate hikes, and the yen weakened to the lower half of the ¥158 range per dollar.
As of 5:00 p.m., the rate was ¥158.33–¥158.43 per dollar, representing a 50-sen decline in the yen and rise in the dollar from the same time the previous day.