Yonhap Infomax NewsThe dollar-yen exchange rate surged to the 153 level for the first time in two weeks, driven by renewed hopes for a US-China trade agreement and expectations of aggressive Japanese fiscal policy, while the euro-yen hit a record high since 1999.
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Dollar-Yen Rises to 153 Level on Hopes for US-China Trade Agreement
The dollar-yen exchange rate surged to the 153 level for the first time in two weeks, driven by renewed hopes for a US-China trade agreement and expectations of aggressive Japanese fiscal policy, while the euro-yen hit a record high since 1999.