14:53 2007/04/18
The Yen advanced versus the dollar and euro on speculation inflation may accelerate in Japan
??? The Rupee ended almost flat today. The USD/INR pair ended at 42.01 from 41.99 earlier. ??? The 6-month and 1-year forward premium was at 6.28% and 4.78% as compared to 6.21% and 4.68% previously.
??? The Yen advanced versus the dollar and euro on speculation inflation may accelerate in Japan, encouraging traders to exit bets on the currency's decline. USD/JPY was at 118.37 from 119.4 yesterday. EUR/USD was at 1.3593 from 1.3548 yesterday and GBP/USD was at 2.0071 from 2.0022 yesterday. *
*These levels are taken at 19.30 IST.
|