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Yen weakens past 149 to dollar in new 32-year low

Investors see greenback strengthening further as U.S. tightens monetary policy

The U.S. and Japanese flags in the trading room of in Tokyo. (Photo by Mizuho Miyazaki)

NEW YORK -- The yen depreciated past 149 against the dollar at one point on Monday, reaching a fresh 32-year low amid speculation of a further strengthening by the American currency.

The yen had previously hit a low of 148.86 on Friday.

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