News Briefs

  אב 4, 5771 , 04/08/11

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.

Other archived news briefs:Aug 04 2011, 07:29 AM, 8/4/2011