Newswire

Nissan assumes dollar at 105 yen this year

TOKYO, April 26 (Reuters) - Nissan Motor Co said on Monday it was assuming a dollar-yen exchange rate of 105 and a euro rate of 125 yen for the current business year to March 2005.

Nissan, the world's most profitable car maker, reported on Monday an 11.9 percent jump in annual operating profit thanks to robust sales in the lucrative U.S. market, and forecast further growth this year.