TOKYO, Sept. 19 (Xinhua) -- The U.S. dollar briefly rose to a one-month high against the yen in Tokyo on Wednesday following the Bank of Japan's decision to extend its asset-buying scheme.
The dollar moved between 78.58 yen and 79.23 yen during the day. At 5:00 p.m. local time, it fetched 79.04-06 yen compared with 78. 74-84 yen in New York and 78.72-74 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at 1.3064-3066 U.S. dollars and 103.26-30 yen against 1.3042-3052 U.S. dollars and 102.76-86 yen in New York and 1.3078-3080 U.S. dollars and 102.95-99 yen in Tokyo late Tuesday afternoon.
The BOJ decided Wednesday to increase its asset purchase fund by 10 trillion yen (128 billion U.S. dollars) to 80 trillion yen as it downgraded its assessment of the Japanese economy, leading to yen-selling against the dollar. The bank kept its key short- term interest rate at around zero to 0.1 percent.
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