Business Market 09 Nov 2016 Dollar tumbles again ...

Dollar tumbles against yen, euro on strong Trump showing

AFP
Published Nov 9, 2016, 9:11 am IST
Updated Nov 9, 2016, 9:11 am IST
The peso, which has become a proxy for the property mogul's chances of becoming US president, slumped to below 20 against the dollar.
Dollar tumbles against yen, euro on strong Trump showing
 Dollar tumbles against yen, euro on strong Trump showing

TOKYO, Nov  9, 2016 (AFP) - The dollar slumped against the yen and euro while the Mexican peso fell off a cliff as polling results in the knife-edge US presidential race pointed to a strong showing by property mogul Donald Trump.

The greenback slumped 3.8 percent to 101.50 yen while it lost almost two percent against the euro, which bought $1.1224 in Tokyo trading. The peso, which has become a proxy for the property mogul's chances of becoming US president, slumped to below 20 against the dollar, an historic low.

 

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