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Dollar hits 5-year high in upper 116 yen level; Tokyo stocks plunge

The U.S. dollar hit a five-year high around the 117 yen line Friday after U.S. Treasury yields rose overnight on data suggesting an acceleration in inflation, while the Nikkei stock index plunged more than 2 percent. At 6 p.m., the dollar fetched 116.95-117.00 yen compared w...
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