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AceTrader
The Japanese yen rose broadly against major currencies on Friday on credit concern and the selloff in global stocks markets and investors continued to unwind higher-yielding assets. The greenback tumbled to 18-month low of 110.50 against the Japanese yen. Aussie and sterling also fell sharply versus the yen from 105.09 to 100.07 and from 238.05 to 231.07 respectively.
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