yen

Analysis: Japan is chasing the intervention on the yen

Analysis: Japan is chasing the intervention on the yen

Japanese yen banknotes are seen in this illustration photo taken September 22, 2022. REUTERS/Florence Lo/Illustration Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 23 (Reuters) – As the Bank of Japan enters the foreign exchange markets for the first time in decades to defend a battered yen, it faces many obstacles, chiefly …

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Japan intervenes in the foreign exchange market to stem the fall of the yen after the BOJ keeps rates extremely low

Japan intervenes in the foreign exchange market to stem the fall of the yen after the BOJ keeps rates extremely low

Join now for FREE unlimited access to Reuters.com Register BOJ maintains ultra-low rates and dovish policy guidance Japanese diplomat FX said it had taken ‘decisive’ action Confirmation of the intervention causes the dollar to fall by more than 2% Analysts doubt Tokyo can continue to support the yen TOKYO, Sept 22 (Reuters) – Japan intervened …

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