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Honda sees 07/08 dlr at Y117, raises sales outlook

TOKYO, July 25 (Reuters) - Honda Motor Co. said on Wednesday it is now assuming an average dollar rate of 117 yen during the business year to next March 31 instead of 115 yen assumed three months ago.

Japan's second-biggest auto maker also said it now expects its global car sales for the 2007/08 business year to total 3.96 million units, up from the 3.935 million forecast in April.