NEW YORK Jan 28 The dollar fell against the yen in mid-morning trade on Monday after data showed U.S. pending home sales unexpectedly fell in December after three months of gains.
The dollar traded as low as 90.59 yen on Reuters data, compared with 90.70 before the release.
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RBI's Raghuram Rajan said that he wanted to hire talented external candidates and improve research quality at the central bank. The proposals would hardly seem out of place in any major institution on the planet. But at RBI, his ideas were seen by some as controversial. Full Article