Markets

Dollar erases gains versus yen, trades little changed

NEW YORK: The dollar surrendered its gains versus the yen to trade little changed in late New York trading on Wednesda
Published February 20, 2013 Updated February 20, 2013 09:14pm

 

The dollar was last at 93.54 yen. It had risen to a session peak of 94.02 yen on Reuters data after minutes from the Federal Reserve's last meeting suggested policymakers may have to slow or stop buying assets before seeing the pick-up in hiring.

 

Copyright APP (Associated Press of Pakistan), 2013