By Bob Chen Oct. 31 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today. Exchange rates are from the previous session. Japanese yen: The Bank of Japan will cut its benchmark interest rate to 0.25 percent from 0.5 percent at its monetary policy meeting today, economists forecast in a Bloomberg survey. Japan's consumer prices climbed 2.1 percent in September from a year earlier, according to a Bloomberg News survey of economists before the statistics bureau reports the data at 8:30 a.m. in Tokyo. That would be the same as the previous month, when it cooled from a record high of 2.3 percent in July. The yen was at 98.74 per dollar at 8:08 a.m. in Tokyo. South Korean won: Factory output for September rose 4.7 percent from a year earlier, economists forecast in a Bloomberg survey before the statistics office reports the data at 1:30 p.m. in Gwacheon. Industrial production increased 1.9 percent annually in August, the weakest pace in 11 months. The won was at 1,250. Singapore dollar: The Ministry of Manpower will report the seasonally adjusted third quarter unemployment rate today. The jobless rate rose to 2.6 percent from 2.3 percent the previous quarter, according to a Bloomberg survey of economists. That would be the highest since the three months ended March 2007. The Singapore dollar was at S$1.4744. Thai baht: The Bank of Thailand will report figures for exports, imports and the total trade and current-account balances for September at 2:30 p.m. in Bangkok. The trade balance showed a deficit of $675 million in August, from $762 million the previous month. The baht was at 34.86. -- Editors: Nicholas Reynolds To contact the reporter on this story: Bob Chen in Hong Kong at bchen45@bloomberg.net.

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