TOKYO -- The Japanese yen hit a high since Oct. 6 against the dollar on Friday, with investors rushing to sell the greenback as worries mount over the state of U.S. credit markets and as Washington's tariff spat with China overshadows trading.
Currencies
Yen strengthens past 149.50 per dollar amid US credit woes
US Treasury's Bessent says yen will settle at fair level if BOJ takes right steps
The yen on Oct. 17 was reversing its weakness from the previous week, when expectations that Sanae Takaichi, the new leader of Japan's ruling party, would push for looser monetary policy. (Photo by Akira Kodaka)
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