LONDON, Nov 25 - The dollar fell to a 10-month low against the yen on Wednesday, falling below 88 yen and approaching the year's lows.
The dollar fell as low as 87.69 yen <JPY=>, according to Reuters data. Declines accelerated after the pair fell through option knock outs at 88.00 yen.
The dollar hit the year's trough of 87.10 yen in January, the lowest in 13 years. ((tamawa.desai@thomsonreuters.com; Tel: +44207 542 7018, Reuters Messaging: tamawa.desai.reuters.com@reuters.net))