Sun, Sep 15, 2013 - Page 15 News List

Rupee leads Asian peers in best week since July

GOOD BAD NEWS:As US payrolls missed forecasts and gains edged down, regional anxiety over Fed stimulus tapering cooled, giving currencies a boost

Bloomberg and Staff writer, with CNA

The US currency weakened 0.9 percent to US$1.3294 per euro and rose 0.3 percent to ¥99.38. Japan’s currency lost percent 1.1 to ¥132.10 versus the euro.

Sterling advanced versus all of its 16 major peers before the Bank of England releases the minutes of the meeting it had earlier this month next week.

The pound gained 1.6 percent to US$1.5876, reaching to the highest level since Jan. 23.

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