U.S. Dollar Briefly Tops 140.90 Yen in Tokyo

By on May 30, 2023

The dollar temporarily rose past 140.90 yen in Tokyo trading Monday, amid expectations of a wider Japan-U.S. interest rate gap and receded concerns over a potential U.S. debt default.

At 5 p.m., the dollar stood at 140.46-46 yen, up from 139.53-53 yen at the same time on Friday. The euro was at 1.0727-0728 dollars, down from 1.0740-0740 dollars, and at 150.69-69 yen, up from 149.86-87 yen.

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