Yen, India's Rupee, Malaysian Ringgit: Asia Currency Preview

By Yumi Teso

July 11 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today.

Exchange rates are from the previous session.

Japanese yen: The Cabinet Office will release at 2 p.m. in Tokyo its consumer confidence index for June. Chief Cabinet Secretary Nobutaka Machimura will talk to reporters after a cabinet meeting in the morning and again at 4 p.m., as part of his regular press briefings.

Finance Minister Fukushiro Nukaga and Economic and Fiscal Policy Minister Hiroko Ota will hold news conferences after the cabinet meeting.

The yen was at 107.27 a dollar at 8:39 a.m. in New York.

Indian rupee: The wholesale price index rose 11.75 percent in the week ended June 28 from a year earlier, after an 11.63 percent increase the previous week, economists said in a Bloomberg survey before a report at noon.

Factory output expanded 6.5 percent in May from a year earlier, following a gain of 7 percent in April, economists said before a report today.

The rupee was at 42.9925.

Malaysia's ringgit: Industrial production increased 3.5 percent in May from a year earlier, compared with a 4.3 percent expansion the previous month, economists said before a report at 12:01 p.m.

The ringgit was at 3.2480.

China's yuan: A report on June wholesale prices is due as early as today. The wholesale price index jumped 9.6 percent in May from a year earlier.

The yuan was at 6.8428.

To contact the reporter on this story: Yumi Teso in Singapore at yteso@bloomberg.net.