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Honda changes 07/08 dollar assumption to 114 yen

TOKYO, Jan 30 (Reuters) - Honda Motor Co said on Wednesday it is now assuming an average dollar rate of 114 yen and euro rate of 161 yen for the business year to March 31.

It previously assumed a dollar rate of 116 yen and a euro rate of 155 yen .

In Wednesday afternoon trade the dollar was around 106.80 yen and the euro 157.70 yen. (Reporting by Chang-Ran Kim)