November 12, 2007

Dollar tumbles to 18-month low against yen (AFP)

A man walks past a money changer's office.   The dollar on Monday hit an 18-month low against the yen on Monday as jitters over the US subprime mortgage crisis led investors to suspend carry trades that depress the Japanese unit, dealers said.(AFP/File/Jewel Samad)AFP – The dollar on Monday hit an 18-month low against the yen on Monday as jitters over the US subprime mortgage crisis led investors to suspend carry trades that depress the Japanese unit, dealers said.

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