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Tag: Bank of Japan

Government and Bank of Japan reportedly intervened Finance Minister Kanda “cannot comment”

Today’s dollar-yen depreciated rapidly, and at one point plummeted to the low 146 yen level. Today’s dollar/yen accelerated its upward pursuit to just before 152 yen, but then plummeted by more than 5 yen. The Nihon Keizai Shimbun reported earlier that the government and the Bank of Japan are intervening in foreign exchange by buying […]

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