Yen Slump Persists as Tokyo Intervenes to Curb Slide Below 160 Japanese authorities intervened again to support the yen as the currency’s prolonged slump deepened, highlighting structural pressures including interest …
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Intervention
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Politics
Yen surges to 155 per dollar after finance minister warns of intervention
by Sui Yuitoby Sui YuitoYen surges over five yen to mid-155s after Katayama’s warning, markets brace for possible intervention Japan’s yen jumped sharply to the mid-155 per dollar range on April 30 after Finance …