Sunday, May 20, 2007

Yen hits record low against euro as stocks rise

(Reuters) - Group of Eight finance ministers avoided discussing the yen's weakness at a weekend meeting, which market players also took as a green light to push up high-yielding currencies.




The ministers issued a communique that was upbeat on the global economy and made no mention of currencies. The ministers also said there was no discussion of foreign exchange rates.


Read more at Reuters.com Hot Stocks News

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