By Aaron Pan
Bloomberg -- The following events and economic reports may influence trading in Asian currencies today.
Exchange rates are from the previous session.
Japanese yen: Chief Cabinet Secretary Nobutaka Machimura will talk to reporters after an 8:30 a.m. Cabinet meeting and again at 4 p.m. in Tokyo, as part of his regular press briefings. Finance Minister Fukushiro Nukaga and Economic and Fiscal Policy Minister Hiroko Ota will hold a news conferences after the meeting. The Bank of Japan will release the nation's monetary base data for October at 8:50 a.m.
The yen traded at 115.70 per dollar at 5:45 p.m. in Singapore yesterday.
South Korean won: The Bank of Korea is scheduled to report data on the country's foreign-exchange reserves today. The reserves increased by $1.99 billion to $257.3 billion in September.
South Korea's consumer prices unexpectedly rose in October, pushing annual inflation to the highest in more than two years, on soaring fuel and food costs. The consumer price index climbed 0.2 percent from September, when it gained 0.6 percent, the National Statistical Office said yesterday.
The won closed at 903.60.
Indian rupee: Inflation probably held at 3.07 percent in the week ended Oct. 20, the median estimate of 15 economists surveyed by Bloomberg showed. The Ministry of Commerce & Industry will release the report today at noon in New Delhi. The Reserve Bank of India will issue foreign-exchange reserves data for the week ended Oct. 26. It will release the report at 5 p.m. in Mumbai.
The rupee was at 39.3262 against the dollar.
Thai baht: The Bank of Thailand will release at 2:30 p.m. in Bangkok its data on reserves for the week ended Oct. 26. The central bank said last week reserves rose to $81.8 billion in the week ended Oct. 19, the most since Bloomberg began to compile the data in July 1998.
The baht traded at 33.95 in onshore trading, according to data compiled by Bloomberg.
To contact the reporter on this story: Aaron Pan in Hong Kong at Apan8@bloomberg.net
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