Yen Hits 9-Month Low

Business

Tokyo: The yen fell to its lowest level since February on Tuesday, while riskier currencies held steady against the dollar, as traders awaited news on whether US lawmakers would be able to end the government shutdown in the coming days. According to Yemen News Agency, the euro was steady at $1.1558, while the pound sterling edged up to $1.3177. The agreement that would restore federal funding and end the longest government shutdown in US history cleared an initial hurdle in the Senate on Sunday, but it remains unclear when Congress will give its final approval.