Yen breaks through 100, Abenomics hits another milestone


TOKYO: Japanese Prime Minister Shinzo Abe scored another small victory as the yen broke below major support of 100 to the dollar, with markets bracing for further declines over the course of the year that would underpin the export-reliant economy.

The yen fell to as low as 101.20 per dollar, down more than two percent from Thursday's high around 98.65, and the lowest level in over four and a half years.

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Yen , Breaks , Abenomics

   

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