Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1080 Fri. June 15, 2007  
   
Business


Dollar above 123 yen


The dollar surged past 123 yen on Thursday following news in the United States that producer prices jumped higher than expected in May.

The dollar leapt to 123.13 yen in mid-afternoon European trading, which marked the highest level since early December 2002.