Dollar stays in upper 106 yen zone on documents alteration scandal

Source: Xinhua | 2018-03-13

The U.S. dollar stayed in the upper 106 yen zone on Monday in Tokyo amid political tensions here after the Finance Ministry admitted it altered documents related to a cut-price sale of state land to a nationalist school operator with ties to Prime Minister Shinzo Abe and his wife Akie.

At 5:00 p.m., the dollar was quoted at 106.57-58 yen compared with 106.76-86 yen in New York and 106.69-70 yen in Tokyo at 5:00 p.m. Friday. It moved between 106.36 yen and 106.97 yen during the day.