Japan & unilateral intervention in FX market.
In Crisis in Japan, Culture, default, Economic Institutions, Financing Reconstruction, FX, Global Economics, ICE Brent Crude oil, macroeconomic factors, Multibillion, price volatility in energy, spillover effect, Uncategorized on November 1, 2011 at 5:20 am
Japan continues intervening in FX market.
“intervened to curb speculative moves against Yen strength; acted in line with G20 and did not intend to distort markets.”
– Jun Azumi, Japanese Finance Minister.