Yen falls broadly after statement on Dubai

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TOKYO | Sun Dec 13, 2009 11:42pm EST

TOKYO Dec 14 (Reuters) - The yen fell sharply against other major currencies on Monday after Dubai said it had received $10 billion from Abu Dhabi to help it repay $4.1 billion in an Islamic bond maturing on Monday. [ID:nLDE5BC09H]

The dollar shot up to 88.90 yen JPY= after the statement from around 88.50 yen. The euro also jumped to 130.43 yen EURJPY= from around 129.40 yen. (Reporting by Satomi Noguchi)

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