February 1, 2013 / 7:10 AM / 5 years ago

Panasonic expects 85 yen to the dollar, 105 yen for euro during Q4

TOKYO, Feb 1 (Reuters) - Japan’s Panasonic Corp said it expects the dollar to trade at 85 yen while the company estimates the euro to be 105 yen for the January to March quarter, a company executive said on Friday.

In the three months to Dec. 31, Panasonic posted an operating profit of 34.6 billion yen ($379 million), up from an 8.1 bln yen loss a year ago.

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