Tokyo, Jan. 29 (Jiji Press)–The dollar held firm above 153 yen in Tokyo trading Thursday morning, attracting buybacks because U.S. Treasury Secretary Scott Bessent denied rumors over a yen-buying intervention. At noon, the dollar stood at 153.11-12 yen, up from 152.63-64 yen at 5 p.m. Wednesday. Dollar buying against the yen remained strong, although the U.S. currency trimmed its gains after rising above 154 yen in overseas trading on Bessent’s remarks denying the rumors and the U.S. Federal Reserve’s decision to keep interest rates unchanged, market sources said. END [Copyright The Jiji Press, Ltd.]
Dollar Firm above 153 Yen in Tokyo
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