Sunday, March 11, 2007

Asian stocks rise as dollar gains boost exporters

Asian share markets rose on Monday, continuing a recovery from a recent slide, as a stronger dollar boosted exporters and after U.S. jobs data reassured investors about the health of the world's biggest economy.

The U.S. currency was steady, holding most of the gains made last week, when a report showing growth in job creation eased speculation about a possible interest rate cut, while the upward revision of Japanese GDP data had little impact on the yen.

Read more at Reuters.com

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