NEW YORK, Sept 28 |
(Reuters) – The dollar extended gains
against the Japanese yen on Friday after news of Spain’s bank
stress test emerged.
Spain’s banks would need 59.3 billion euros ($76.3 billion)
in extra capital to ride out a serious economic downturn, an
independent audit of the country’s 14 main banks by consultancy
Oliver Wyman showed on Friday.
The dollar hit a session high of 77.96 and last
traded at 77.90, up 0.4 percent on the day, according to Reuters