Tag: japan intervenes
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Japan intervenes to prop up yen ahead of BOJ policy decision, source says
TOKYO, July 31 : Japan conducted yen-buying, dollar-selling intervention in New York on Thursday, a market source said, its first such foray in three months, as the currency’s slump to four-decade lows threatened to worsen living costs hit by the Iran war-driven energy shock.The move came ahead of the Bank of
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Japan intervenes to prop up yen ahead of BOJ policy decision
TOKYO, July 31 : Japan conducted yen-buying, dollar-selling market intervention in New York markets on Thursday, a market source said, pulling the sagging currency from four-decade lows.The move came ahead of the Bank of Japan’s policy decision on Friday, where the central bank is widely expected to keep inte
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