Dollar falls to two-month low beneath 94 yen

Thu May 21, 2009 11:54pm IST

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NEW YORK, May 21 (Reuters) - The dollar extended losses against the yen on Thursday, dipping below 94 yen for the first time in two months as strong investor risk appetite and worries about rising U.S. debt levels weighed on the greenback.

The dollar fell to 93.96 yen JPY=, according to electronic trading platform EBS, and was last trading at 94.06 yen, down about 0.9 percent on the day.

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