Markets

US dollar hits more than two-year high vs yen

Published December 26, 2012 Updated December 26, 2012 11:02pm

 

Japan's debt issuance cap has been set at 44 trillion yen.

 

Analysts said Aso's comments were a green light to sell the yen further.

 

The dollar hit a high of 85.70 yen, its strongest level since mid-September 2010. It last stood at 85.64 yen, up more than 1 percent on the day.

 

Center>Copyright Reuters, 2012