Usd/jpy - 98.32 ... The greenback rose briefly to 99.69 y'day b4 running into heavy offers there to protect major option barrier at 100.00 n price subsequently tumbled to 97.72 on the renewed selling in global stock markets, however, fixing demand in Tokyo lifted the pair to 98.49/51. Offers by Japanese exporters are reported at 98.55/60, 98.80/90 n further out at 99.20/30. On the downside, bids by Asian names are noted at 97.75/80 with some stops seen below 97.50.
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