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IPFS News Link • Economy - International

Sony profit plunges 72 percent on strong yen

10-29-2008 • TOKYO (AP)

Sony makes about 80 percent of its sales overseas and is vulnerable to fluctuations in exchange rates. A rising yen erodes the overseas profits when converted into the Japanese currency.

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Reported By Ernest Hancock

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Sony profit plunges 72 percent on strong yen

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