(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, rose as the yen retreated from a one-month high
against the dollar and as investors bought ahead of a three-day
weekend in Japan.
The yen traded at 122.21 per dollar at 12:01 p.m. in Tokyo,
after setting a one-month high of 120.99 yesterday. A higher yen
lowers the value of yen-denominated rubber futures, as the
commodity trades in U.S. dollars in the international market.
Read more at Bloomberg Commodities News
benchmark, rose as the yen retreated from a one-month high
against the dollar and as investors bought ahead of a three-day
weekend in Japan.
The yen traded at 122.21 per dollar at 12:01 p.m. in Tokyo,
after setting a one-month high of 120.99 yesterday. A higher yen
lowers the value of yen-denominated rubber futures, as the
commodity trades in U.S. dollars in the international market.
Read more at Bloomberg Commodities News
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