New York, July 30 (Jiji Press)--The dollar plunged below 160 yen for the first time in about one and a half months in New York on Thursday. The drop came after the dollar had traded above 163 yen earlier Thursday, its highest level in about 39 years and eight months amid caution

Dollar/Japanese yen: 163.42 Japanese yen per dollar (0.0061 dollar per Japanese yen)

NEW YORK, July 30 : The Japanese yen surged on Thursday, in a move analysts said bore the hallmarks of official intervention by Tokyo to prop up a currency that has slumped to…