Japan intervenes in foreign exchange market
1 year ago
8
Japan intervenes in foreign exchange market, a first in 24 years Japan intervened in the foreign exchange market for the first time in 24 years on Thursday to prevent the yen from weakening further against the dollar. "The government is concerned about these excessive fluctuations and has just taken decisive action," Japan's vice finance minister for international affairs Masato Kanda told reporters on Thursday after the rare move.
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