Yen Declines After Asian Stocks Advance, Spurring Carry Trades
Story date: 2007-10-01 05:10:00
Added on: 2007-10-01 08:00:23
Bloomberg - ... increased at an ``impressive'' rate, helped by a reduction in U.S. interest rates ... The yen dropped to 164.42 per euro as of 7:31 a.m. in New York, near the lowest ... bank, froze three investment funds, reigniting concern the U.S. subprime mortgage ...
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