It fell below ¥ in early September, and has recently been moving at around ¥ In the foreign exchange market, the yen appreciated to ¥ to the U.S. dollar in the first half of June.
John Hurley: International economic and financial developments and prospects for the Irish economy Address by Mr John Hurley, Governor of the Central Bank & Financial Services Authority of Ireland, to the Irish Association of Pension Funds Annual Dinner, Dublin, 28 February 2008.