TOKYO: The dollar strengthened against the yen in Asia after a senior US Federal Reserve official said a winding down of the bank's massive asset purchases could start within months.
In morning Tokyo trade, the greenback fetched 99.30 yen from 99.11 yen in New York on Friday.
Fed board member Jeremy Stein suggested in a speech in New York on Friday that the central bank could make a decision to begin slowing its stimulus programme within three months.
In morning Tokyo trade, the greenback fetched 99.30 yen from 99.11 yen in New York on Friday.
Fed board member Jeremy Stein suggested in a speech in New York on Friday that the central bank could make a decision to begin slowing its stimulus programme within three months.
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