USD/JPY - 92.00.. The pair continues to ratchet higher after initial dip to 91.53 as selling by Japanese exporters and banking names were quickly absorbed by heavy demand for dlr by Japanese municipals names and funds taking advantage of dlr's retreat fm its 4-month high of 93.22 set on Monday. Some offers remained at 92.15/20, if cleared, shud push price to 91.40/ 50 but selling interest is reported abv 92.70. On the downside, bids are located abv 91.75/80.