Japan Finance Minister warns of possible intervention - News - Dukascopy Bank

Fri, 03 Feb 2012 09:49:29 GMT
Source: Marketwatch
 
© Scanpix/Reuters
Japanese FM Jun Azumi distributed a warning that additional monetary intervention is likely to be necessary as Fed's decision about freezing its low interest rates stimulated speculative Japanese Yen purchasing followed by sharp appreciation in domestic currency. US Dollar is fluctuating close to post World War II record low of JPY 75.31. Stronger Yen harms Japan's exporters. 

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