Tokyo, July 31 (Jiji Press)--The dollar traded above 160 yen in Tokyo trading Friday, drawing buybacks after sinking below 158 yen in overnight New York trading. The Japanese government and the Bank of Japan are believed to have conducted yen-buying, dollar-selling market

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

NEW YORK, July 30 : The yen rose sharply against the dollar on Thursday, in a move analysts said bore the hallmarks of official intervention by Japanese authorities to prop up the…