The dollar reached a high of 109.720 yen as regional equities such as Japan’s Nikkei average soared, taking cue from a late rebound on Wall Street.
A weaker yen makes commodities denominated in the Japanese currency cheaper for holders of other currencies.
The most-active rubber contract on the Shanghai futures exchange for May delivery fell 120 yuan to finish at 12,655 yuan (US$2,023) per tonne.
The front-month rubber contract on Singapore’s SICOM exchange for March delivery last traded at 146 US cents per kg, down 0.8 cents.
(US$1 = 6.2570 Chinese yuan)
(US$1 = 109.0600 yen)