Dollar erases gains versus yen, briefly falls
NEW YORK Dec 7 (Reuters) - The dollar surrendered its gains versus the yen and traded slightly negative in mid-morning trade on Friday.
It was last at 82.38 yen, slightly lower on the day, retreating from a session peak of 82.82 yen hit after the release of U.S. jobs data.
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India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article