The Japan Times
International · 1 hrs ago
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Japan can intervene twice more before November under IMF rules, official notes
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A Japanese official indicated that Japan can conduct up to two additional currency market interventions before November under IMF rules, following recent yen appreciation attributed to reported intervention by authorities.
Japan can intervene twice more before November under IMF rules, official notes
The comments came after the yen surged last Thursday following reported intervention by the authorities, and also saw a number of intraday rallies during days that followed.
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