TOKYO -- Asian currencies weakened against the dollar on Tuesday after U.S. President Donald Trump sent letters to the nation's top allies notifying them of their new tariff rates.
The Japanese currency fell to the lower 146-range to the dollar, extending losses of around 1% recorded earlier in New York trading. The yen slid to a year-low against the euro at 171.40, down around 0.5%. The South Korean won fell around 1% against the greenback before paring some of its losses.
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