Thursday, March 13, 2008 9:14 pm | 
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Dollar falls below 100 yen to 12-year low on prospects of U.S. recession
The dollar fell below 100 yen earlier today for the first time since 1995 and dropped to a record low against the euro after a Carlyle Group fund moved closer to collapse, adding to turmoil in financial markets.
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
