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Dollar Extends Gains Vs Yen, Soars 2 Pct

2/20/2004

NEW YORK (Reuters) - The dollar extended its steep gains

against the yen on Friday, climbing 2 percent as it surged

higher amid another round of profit-taking in yen.

Against the yen <JPY=> the dollar surged to a two-month high of 109.31 yen.

Initially the dollar had surged higher against the yen

after Japan tightened security at 650 key facilities including

nuclear power plants and government offices.

 

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