(Bloomberg) -- The yen rose against the dollar and the
euro after China's central bank raised interest rates for a second
time this year and widened the yuan's daily trading limit against
the U.S. currency.
The yen rose as high as 120.93 against the dollar after
previously trading at 121.34. It was at 121.05 at 11:43 a.m. in
London, compared with 121.31 late yesterday. The Japanese currency
also gained to as high as 163.07 per euro, before trading at
163.19, from 163.70 yesterday.
Read more at Bloomberg Currencies News
euro after China's central bank raised interest rates for a second
time this year and widened the yuan's daily trading limit against
the U.S. currency.
The yen rose as high as 120.93 against the dollar after
previously trading at 121.34. It was at 121.05 at 11:43 a.m. in
London, compared with 121.31 late yesterday. The Japanese currency
also gained to as high as 163.07 per euro, before trading at
163.19, from 163.70 yesterday.
Read more at Bloomberg Currencies News
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