The yen remained weak around a 32-year low near the 150 line against the U.S. dollar early Thursday in Tokyo, led by rising long-term Treasury yields amid the prospect of aggressive interest rate hikes in the United States.
At 9 a.m., the dollar fetched 149.82-83 yen compared with 149.86-96 yen in New York and 149.33-36 yen in Tokyo at 5 p.m. Wednesday.
The euro was quoted at $0.9766-9767 and 146.29-38 yen against $0.9767-9777 and 146.46-56 yen in New York and $0.9838-9840 and 146.93-97 yen in Tokyo late Wednesday afternoon.
Tokyo stocks opened lower following overnight declines on Wall Street amid concern over the impact of aggressive interest rate hikes by the Federal Reserve.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 230.45 points, or 0.85 percent, from Wednesday to 27,026.93. The broader Topix index was down 9.00 points, or 0.47 percent, at 1,896.06.
On the top-tier Prime Market, decliners were led by precision instrument, electric appliance, and glass and ceramic product issues.
