Dollar tumbles after Japanese intervention boosts yen - Reuters
Dollar tumbles after Japanese intervention boosts yen Reuters
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"The time for the country to take 'decisive action' against the yen's rapid depreciation is 'approaching.'"
— Satsuki Katayama , Politician
"Our (avowed) decisive action is just around the corner."
— Atsushi Mimura , Executive
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<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxNSk5ya1BtcDVheHMweUd0MHhRb2VuTnBkdW5yMnZwaWxrRGxaaFNSWko0b3pzR0FrSWZiN284NmJfa3Zhb2tmZjVyRVZwcHEtckFuMDgxMlRsNTBMZ0M1d25WZ3JBN1FhTlp3M194UVJXUEd2MmtRSVk2SFAyWUU4dWxTb1Y5RGgzUGc0RVB1aXZqQjhXcDlmUTQ2Z2o5azktUDZDVzMweW9OT0hiOU1WZldybXdUb3lWUkE?oc=5" target="_blank">Dollar tumbles after Japanese intervention boosts yen</a> <font color="#6f6f6f">Reuters</font>
The yen surged against the dollar following reports of Japanese authorities intervening in the foreign exchange market to support their currency.
The dollar tumbled below 156 yen amid speculation that Tokyo intervened in the market to correct the yen's weakening.
The US dollar fell sharply against the yen after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency.
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