Bank of Japan Intervenes in Foreign Exchange Markets, After Yen Sinks to a 24-Year High
The greenback has been climbing higher while the Japanese yen touched a 24-year low. Japan then decided to intervene on foreign exchange markets (forex), for the first time since 1998. According to reports, the Bank of Japan carried out the first forex intervention since 1998. This was after the Japanese central banks had kept the […]
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