The yen rose 1% on Friday, showing a V-shaped trend this week.

Late Friday in New York, the dollar fell 1.04% against the yen to 157.21 yen, extending its decline throughout the session, with a weekly gain of 0.21% and a trading range of 156.58-159.04 yen. It rose steadily from September 21-24, and on the 25th it nearly erased all of the earlier gains. This week, the euro fell 0.57% against the yen to 179.20 yen; the pound fell 0.85% against the yen to 208.368 yen. The yen rose 0.22% against the offshore yuan to 4.2762 yuan, fluctuating downward from September 21-24, with a notable rebound on the 25th.