Agence France-Presse
Oct. 1, 2013

The dollar fell in Asia on Tuesday as the United States lurched into its first government shutdown in 17 years due to a budget standoff.

The greenback bought 98.16 yen in Tokyo afternoon trade after U.S. lawmakers missed a midnight deadline to avert the shutdown, down from highs of around 98.70 in morning trade and 98.21 yen in New York on Monday afternoon.

The US government shutdown early Tuesday triggered agency closures and hundreds of thousands of furloughs as Congress missed a deadline to pass a budget.

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