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Pound to yen reaches highest rate in 5 years

Japan’s currency is trading at 101.43 per dollar as of 08.35 GMT, GBP/JPY is at 164.18 after breaching 165 yesterday, the highest in 5 years

By Richard Nehme | Nov. 26, 2013 12:26 GMT
Euro continues to benefit from weaker USD
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The euro has appreciated so much this year that it will weigh heavily on economic growth, suggest Nomura Holdings. The strength of the currency (increasing 2.4% against the US dollar this year) will trim euro area growth by 0.5% [...]

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