From today’s Times:
It is unlikely that intervention by Japan alone will sway currency markets in the longer term.
That’s funny, because yesterday’s rather small intervention depreciated the yen from $1 = Y82 to Y84.5.
It is unlikely that intervention by Japan alone will sway currency markets in the longer term.
That’s funny, because yesterday’s rather small intervention depreciated the yen from $1 = Y82 to Y84.5.
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