Bloomberg
US · 7 hrs ago
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Japan Official Cites Rule on Multiple Interventions Being One
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A Japanese Finance Ministry official referenced a regulatory rule stating that multiple currency interventions conducted over three days are counted as a single operation, as markets await potential yen-buying measures by Japan.
Japan Official Cites Rule on Multiple Interventions Being One
As currency traders continue to watch for potential Japanese moves to buy the yen, a Finance Ministry official from the nation on Monday cited a rule saying that three days of intervention count as a single operation.
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