41.   When the yen rises, dollar-based investors see their total return increase.

42.   When the yen rose against the U.S. dollar, these investors began buying shares as a hedge against their short positions.

43.   Yet the surplus indicated the yen will eventually rise, said Kunihiro Ishibashi, a general manager of bond trading at Yamaichi Securities Co.

44.   As the yen rises against other currencies, exports become more expensive abroad and the yen value of foreign revenue declines.

45.   Asian stock markets closed mostly lower Monday, with share prices falling in Tokyo after the Japanese yen rose against the U.S. dollar.

46.   But Kuroda added he did not believe the yen would rise further.

47.   Despite the moves, several traders anticipated the yen could rise to record levels.

48.   Dragged down earlier this week by the weakening Japanese yen, the rupiah failed to strengthen even as the yen rose against the dollar in early trading Wednesday.

49.   In currency dealings, the yen rose against the dollar on the back of the recent strength of Tokyo stock prices.

50.   In other trading, the yen rose against the dollar, as currency traders dumped their euros to buy yen.