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Monday, October 31, 2011
The scale of foreign exchange intervention in Japan hit a record high of 10 trillion yen
According to the "Asahi Shimbun" reported that Japan on Monday (October 31) the foreign exchange market intervention to suppress the size of the yen hit a 10 trillion yen (about $ 128 billion) a record high. The scale of intervention than August 4, the previous record high of 4.5 trillion yen record more than doubled. Repeatedly as the yen hit a record high against the dollar, the Japanese authorities that, regardless if the laissez-faire, the strong appreciation of the yen would hurt the ...The scale of foreign exchange intervention in Japan hit a record high of 10 trillion yen
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