The Indian rupee snapped a five-day losing streak on Wednesday as dollar sales by a power sector financing firm helped offset demand from oil and gold importers while positive domestic shares also aided. Traders said

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The yen hit a 16-month low against the euro on Wednesday, weighed down by expectations the Bank of Japan will unveil more monetary stimulus on Thursday, after a two-day policy meeting. The euro hit its

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The euro rose to a 16-month high against the yen and an 8-1/2 month peak against the dollar on Wednesday, bolstered by better-than-expected German business confidence data. The yen also weakened to its lowest in

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The euro advanced to a 16-month high against the yen and an 8-1/2-month peak versus the dollar on Wednesday, bolstered by better-than-expected German business confidence data and increasing optimism about debt-plagued Greece. The yen also

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The euro rose against the dollar for a seventh straight session on Tuesday, hitting its highest level in more than seven months, as signs of progress in US budget negotiations buoyed demand for riskier assets.

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Interbank buy/sell rates for the taka against the dollar on Wednesday. 80.10-80.13 (previous 80.20-80.25). Call Money Rates: 12.00-12.00 percent (previous 7.00-12.00 percent). Copyright Reuters, 2012

The Swiss franc hit a fresh seven-and-a-half month high against the dollar on Wednesday on hopes US lawmakers may reach an agreement to stave off the automatic spending cuts and tax hikes threatening the world's

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China's yuan closed flat on Wednesday in the absence of fresh developments but volumes were higher than average and trade was active, suggesting the market has found a healthy equilibrium. Spot yuan closed at 6.2303

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Emerging Asian currencies moved higher on Wednesday on expectations of greater inflows into the region if the Bank of Japan eased monetary policy this week in line with market forecasts. Signs of progress in negotiations

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Sterling fell to a seven-and-a-half month low against a broadly firmer euro on Wednesday after stronger German business data, though year-end demand helped buoy it to a three-month peak against the dollar. The euro rose

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