Honda 2002/03 forecasts, yen assumption unchanged


TOKYO, July 29 (Reuters) - Honda Motor Co , Japan's second-largest car maker, on Monday kept its full-year earnings forecast for the current business year unchanged and maintained its average exchange rate assumption at 125 yen per dollar. This comes despite a recent surge in the yen to levels as high as 115.50 per dollar, a 17-month high. The decision to leave the forecast and yen assumption unchanged was published in a statement with first-quarter results.

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