1 Dollar = 100 Yen

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    It has happened:

    The dollar dropped to a 12-year low against the yen and record lows versus the euro and Swiss franc on Thursday, sliding on doubts about the effectiveness of the Federal Reserve’s efforts to aid strained credit markets and limit the damage to the U.S. economy.

    The dollar slid over 1 percent on the day to lows near 100.20 yen the lowest since late 1995.

    The decline of the dollar:
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