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Japan likely spent an additional 3 trillion yen ($19 billion) to shore up the yen in its second suspected currency market intervention this week, data by the Bank of Japan and market sources show. ....
The U.S. dollar was firmer against the yen but remained top-heavy in the upper 156 yen range on April 30 in Tokyo, as fears of intervention strengthened a day after Japanese authorities are suspected to have stepped in to stem the yen's slide. ....
The U.S. dollar was firmer against the yen but remained top-heavy in the upper 156 yen range on April 30 in Tokyo, as fears of intervention strengthened a day after Japanese authorities are suspected to have stepped in to stem the yen's slide. ....
Japan likely spent some 5 trillion yen ($32 billion) on April 29 in currency market intervention, data by its central bank and market sources showed Tuesday, in the clearest evidence yet of the nation's attempt to slow the yen's rapid fall. ....
Finance Minister Shunichi Suzuki says there is no change "at all" in the government's stance that it will act appropriately with regard to the yen's value after it slipped past 155 to the U.S. dollar. ....