New York/Washington, July 31 (Jiji Press)--The dollar plunged below 157.50 yen for the first time in about two and a half months in New York trading on Friday as the Japanese and U.S. authorities reportedly intervened in the foreign exchange market in coordination to stem the

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

July 30 : The dollar sank against the Japanese yen on Thursday with traders alert to the possibility of intervention from Japan to prop up its stubbornly weak currency. The dollar…