Yen weakens to 149 level after strong U.S. jobs report

Share prices of exporters gain on yen's weakness

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On Friday, the September U.S. jobs report showed a resilient economy, immediately pushing the Japanese yen weaker. (Photo by Nanami Sato)

LISA KIM, Nikkei staff writer

TOKYO -- The yen weakened to the 149 level against the dollar for the first time since mid-August on Monday, further extending its fall from when it depreciated last week after a strong U.S. job report.

The yen traded at around 149.10 earlier in the morning, its lowest since mid-August, falling 1.9% from Friday. The Japanese currency has pared some losses since then, rising to the 148 level, but still remained weaker compared to Friday.

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