Yen Rises as Carry Trades Cut on Signs Global Economy Slowing

Story date: 2007-12-19 11:00:00
Added on: 2007-12-19 23:21:44

Bloomberg - Japan's currency gained the most versus the South Korean won and euro, favorites for so-called carry trades, as the Bank of Japan downgraded its assessment of the economy and left the benchmark interest rate unchanged. Federal Reserve Bank of ...


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