Drug Safety Settlement

A Ranbaxy office building is pictured in the northern Indian city of Mohali May 14, 2013. Indian generic drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay $500 million in civil and criminal fines under the settlement agreement with the U.S. Department of Justice. The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government. It includes $150 million in payments for a criminal fine and forfeiture and $350 million in payments for civil claims. REUTERS/Ajay Verma (INDIA - Tags: HEALTH BUSINESS)

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Dollar briefly pares gains vs yen after US data

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NEW YORK | Thu Nov 15, 2012 7:17pm IST

NEW YORK Nov 15 (Reuters) - The dollar briefly pared gains versus the Japanese yen and temporarily pared losses versus the euro on Thursday after the release of an array of U.S. economic data.

The dollar last traded at 81.34 yen, up 1.4 percent on the day versus 81.32 before the data. It fell as low as 81.26 immediately after the release of data.

The euro last traded at $1.2762, up 0.2 percent on the day and about where it traded before the data. It fell as low as $1.2751 immediately after release of the data, according to Reuters data.

The number of Americans filing new claims for jobless benefits surged last week to a 1 1/2-year high.

Separate data showed U.S. consumer prices rose in October as the cost of shelter surged by the most in over four years.

Furthermore, a gauge of manufacturing in New York state showed that activity slowed in November for a fourth straight month.
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