Mfarhanonline:Dollar hits four-month low as Obama warns on debt

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Mfarhanonline Business News TOKYO: The dollar hit a fresh four-month low versus the yen in Asia trade Tuesday as a standoff over competing plans to raise the US debt limit intensified amid no clear progress in efforts to avoid a default.

The dollar fell to 77.89 yen, its lowest level since March 17, after US President Barack Obama addressed the nation in a prime time

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