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Tokyo money brokers take a break after morning trade on January 6, the first day...

IMAGE number
REU7632794
Image title
Tokyo money brokers take a break after morning trade on January 6, the first day of trade for the ne.., 1997-01-06 (photo)
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Photographer
Masaharu Hatano
Medium
photograph
Date
1997 AD
Shooting Date
1997-01-06
Image description

Tokyo money brokers take a break after morning trade on January 6, the first day of trade for the new year. Japanese financial markets made a gloomy start to the new year as the yen slipped to its lowest level against the dollar in almost four years, dragging stocks and bonds down with it. The yen fell to 117.00 yen to the dollar - its lowest level since March 29, 1993 - in early trading but bounced back to around 116.70 yen by midday on caution over possible intervention by Japanese monetary authorities.

Photo credit
REUTERS/Masaharu Hatano / Bridgeman Images
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