By Carmen Ng
April 6 (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 Takeo Kawamura will hold media briefings at 11 a.m. and 4 p.m. in Tokyo.
The Bank of Japan starts its two-day policy meeting and economists estimate the central bank will leave the benchmark interest rate unchanged at 0.1 percent.
The yen traded at 100.25 against the dollar at 7:21 a.m. in Sydney.
Taiwan dollar: Consumer prices dropped 0.6 percent from a year earlier in March after sliding 1.3 percent the previous month, the biggest decline in six years, according to a Bloomberg News survey of economists. The inflation data is due at 4 p.m. today.
The government will release a separate report on Taiwan’s wholesale prices for March at the same time.
The Taiwan dollar was at NT$33.38.
Chinese yuan: The People’s Bank of China may release as early as today details of foreign-exchange reserves for March. The holdings, the world’s biggest, stood at $1.95 trillion at the end of December.
The yuan was at 6.8348.
Indonesian rupiah: Bank Indonesia may release its wholesale prices index for February and consumer confidence index for March as early as today. Wholesale prices slumped 29 percent from a year earlier in January and consumer confidence was the highest since 2007 in February.
The rupiah was at 11,465.
Malaysian ringgit: A statistics department report on April 9 may show industrial production shrank 13.1 percent from a year earlier in February, according to a Bloomberg News survey of economists. That would follow a 20 percent drop in January and be the sixth straight decline.
The ringgit was at 3.5803.
To contact the reporters on this story: Carmen Ng in Hong Kong at cng98@bloomberg.net
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