The Japanese yen weakened Wednesday as stocks soared after sustaining two days of losses.
The Nikkei 225 Stock Average climbed around 1.5% after it lost 5.1% in the last two days.
The yen finished at ¥135.64 per euro and ¥120.23 per US dollar.
Declines in stocks have lessened since hitting its low. Recently, the “dollar-yen selling is being also corrected,” said Nagayuki Yamagishi, Senior Analyst at Money Square Japan Inc.
The material has been provided by InstaForex Company – www.instaforex.com