TOKYO: The dollar eased against the yen in Asia on Wednesday after an initial boost from upbeat US data as risk aversion grew with Tokyo share prices turning down.
The greenback fetched 97.47 yen in Tokyo, against 97.80 yen in New York late Tuesday. It was trading above the 98-yen level earlier in the day after figures pointed to more strength in the US economy and as worries temporarily eased over a credit crunch in China.
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