Rupee advances ahead of budget announcement

Note: This section contains information in English only.
Source: Bloomberg
India's Rupee advanced to a 3-week high amid speculation the government will face the widest fiscal deficit among emerging markets. The Rupee strengthened 0.4% to 53.6650 per U.S. Dollar at 9:38 a.m. in Mumbai, after earlier touching 53.6050, the highest level since February 8. One-month implied volatility increased 3 basis points to 9.53%.
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Thu, 28 Feb 2013 12:03:04 GMT

Japanese shares up as the new BOJ governor nominated

Japanese equities advanced, with the Nikkei 225 Stock Average snapping its longest monthly gaining streak since 2006 after Haruhio Kuroda, the President of Asian Development Bank, was nominated by Shinzo Abe to be the new governor of BOJ. The Nikkei 225 Index surged 2.7% to 11,559.36. The gauge has rallied 3.8% this month. All groups in the index edged higher.

Thu, 28 Feb 2013 11:30:03 GMT

Japan's stocks advance as Kuroda is nominated to lead BOJ

Japanese stocks advanced, with the Nikkei 225 Stock Average capping a seven-month rally, as Prime Minister Shinzo Abe appointed Haruhiko Kuroda as the BOJ governor. The Nikkei 225 jumped 2.7% rose 11,559.36 in Tokyo, having gained 3.8% this month. Meanwhile, the broader Topix surged 2.3% to 975.66. 

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