Enter multiple symbols separated by commas

Dollar Drops to 3-Month Low vs. Yen

The dollar dropped to a 3-month low Thursday, as investors spooked by growing problems in credit markets fled risky assets financed by borrowing in the low-yielding Japanese currency.

The dollar fell against the yen, according to electronic platform EBS, down more than 1% from Wednesday.

The euro was also down against the yen.

The euro traded relatively flat against the dollar.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video