Indian election results

Yen and Rupee Firm

May 16, 2014

The yen remains well-bid to the detriment of Japanese stocks.  The Nikkei lost 1.4% overnight.  The yen touched highs of 138.78 per euro and 101.39 per dollar. In Indian lower house elections, a coalition headed by the pro-business Bharatiya Janala Party won 60 more seats than needed to secure a majority.  This was the most […] More

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