Dollar falls to 14-year low vs yen on US outlook
Quick ReadDollar falls to 14-year low against yen after Fed signals US rates to remain low
TOKYO (AP) — The dollar tumbled to 14-year low against the yen Thursday, adding to pressure on Japan's beleaguered exporters, amid indications U.S. interest rates will remain low and the Federal Reserve isn't overly concerned about the dollar's slide.
The dollar sank to 86.27 yen in Tokyo trading, the lowest since July 1995, and sending the Nikkei 225 stock average down by 0.6 percent to 9,383.24....
