July 26, 2013 / 1:30 PM / 4 years ago

Dollar falls 1 percent versus yen, hits session low

NEW YORK, July 26 (Reuters) - The dollar extended its declines against the yen to trade 1 percent lower in early trade on Friday on speculation the Federal Reserve will emphasize next week its intention to keep interest rates low for longer.

The dollar fell as low as 98.26 yen, according to Reuters data. It was last at 98.31, down 1 percent on the day.

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