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      Free Daily Israel Report
      Archive: 8/4/2011
      07:29
      Reported

      News Brief

        8/4/2011, Av 4, 5771

      Japan Intervenes in Currency Trade


      The Japanese Treasury Minister reported this morning that Japan intervened in the trade of its currency, the yen, for the third time this year. The minister explained to the press that the intervention was necessary to protect Japan’s economy from drastic rises of the yen.