The dollar slipped below ¥120 in Tokyo trading on Tuesday, pressured by selling by investors who were disappointed by the Bank of Japan’s decision to leave its monetary policy unchanged.
At 5 p.m., the dollar stood at ¥119.59-60, down from ¥120.16-16 at the same time Monday. The euro was at $1.1307-1307, down from $1.1336-1337, and at ¥135.22-24, down from ¥136.21-24.
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