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Japan:
Second India-Japan strategic dialogue on economic issues
China:
India-Brazil-South Africa to cooperate in health sector
South Korea:
South Korea Gives US Beef The All Clear
India:
Indian government approves re-structured APDRP
Pakistan:
Restoration of Indo-Pak dialogue to push trade
Singapore:
India-Brazil-South Africa to cooperate in health sector
Thailand:
Fastest Growth for Thailand Economy in Six Quarters
Taiwan:
Taiwan Enjoy Expanded Trade Surplus
Indonesia:
Central Bank Chief Of Indonesia Detained
Malaysia:
Malaysia economy grows and banking liberalises
Monday, March 20, 2006
Yen declines on several factors
by Brian TurnerThe Japanese yen lost value against major currencies on Monday after having made gains early in the session. The decline was blamed on technical factors and on the fact that Japanese importers had engaged in significant selling of yen and purchase of US dollars ahead of a public holiday. Also a possible factor were comments by the nation’s vice finance minister, who said that sudden changes in the yen were not desirable.
By mid-day in New York the yen had lost 0.4 percent versus the US dollar to ¥116.31. The Japanese currency had also declined 0.2 percent to ¥141.46 in relation to the euro and was down 0.3 percent to ¥204.13 versus sterling.
Stories related to: Yen declines on several factors
- Yen falls on several factors
- Bank of Japan declines to alter monetary policy
- Japanese department store shares see declines
- Topix index declines by 0.5 percent
- Real estate declines in Tokyo
- Tokyo markets fall on domestic, export declines
- Tokyo consumer finance sector declines on profits warning
- Electronics sector declines in Tokyo
- Nikkei declines by 0.2 percent
- Yen gains on PM comments
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