Dollar falls to 132 yen level on concerns about U.S. recession

The U.S. dollar fell to the 132 yen level Friday, its lowest in a month and a half, as players sought the Japanese currency amid recession concerns in the United States after its economy shrank in the April-June period for the second straight quarter.Tokyo stocks ended lower as the stronger yen prompted selling of export-related issues. The 225-issue Nikkei Stock Average ended down 13.84 points, or 0.05 percent, from Thursday at 27,801.64. The broader Topix index finished 8.54 points, or 0.44 percent, lower at 1,940.31.Referring to the weaker-than-expected U.S. gross domestic product data, …READ FULL ARTICLE