Sun, Dec 08, 2013 - Page 15 News List

India’s rupee leads weekly gains in Asian currencies

Bloomberg and Staff writer, with CNA

The yen fell as the head of an advisory panel called on Japan’s Government Pension Investment Fund to start cutting domestic debt.

The Bloomberg US Dollar Index, which tracks the greenback against 10 major counterparts, fell 0.4 percent to 1,016.87, snapping two weeks of gains.

In London, sterling fell the most in two months against the euro.

The pound lost 1 percent to £0.8386 per euro, the steepest decline since Oct. 4.

It reached £0.8253 on Monday, the strongest since Jan. 11, but fell 0.3 percent against the greenback to US$1.6324.

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