Quite contrary to what I believed, the Yen has slumped below the 100 mark. And it makes for situations to be quite grim. Though even with the Us economy news being not so great, I believe the Yen may not break the 95 mark and instead try to ascend upto 100 on the back of sustained buying interest in the USD (given the fact that the pair is at a one decade low now if I am correct). I have doubt now that market pressures may be able to hold it to a level above 100 as in the recent past. If that happens though, dont expect it to scale even to levels of 105 or even above 102 and hold thereafter. As for the Rupee, it should keep itself above the 40 mark what with the rising Ooil prices.....Even if there is heavy selling by our exporter friends.