Dollar extends gains vs yen after U.S. data
NEW YORK Dec 5 (Reuters) - The dollar gained versus the yen on Wednesday after data showed the pace of growth in the U.S. services sector increased more than expected in November.
The dollar rose as high as 82.19 yen after the data, compared with 82.09 earlier. It was last at 82.16 yen, up 0.3 percent on the day.
Separate data showed new orders received by U.S. factories unexpectedly rose in October.
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Nitin Gadkari, former president of the Bharatiya Janata Party and a member of the BJP’s manifesto committee, speaks to Reuters. Here are the edited excerpts. Full Article