Yen rises on inflation data

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen rose against the U.S. Dollar after the data showed that inflation in Japan increased the most since 2008, indicating that the central bank might not need additional stimulus to fight deflation. The currency jumped 0.7% to 98.60 per U.S. Dollar so far today after rising 1% yesterday. The Yen climbed 0.7% against the Euro as well to 130.91.
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Fri, 26 Jul 2013 13:53:15 GMT

Indian Rupee climbs as RBI contracts monetary base

Indian Rupee rises and finishes third weekly advance as the Reserve Bank of India contracted the cash supply to arrest a decline in the currency. The bank set higher interest rates and lender's cash-ration requirement from 70% to 99%. The currency appreciated 0.5% this week, while it added 0.1% to 58.7025 per U.S. Dollar today.

Fri, 26 Jul 2013 11:50:07 GMT

Japanese Yen climbs as metals decline

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