Japan under pressure to intervene as the yen hits an 11-month low
Japan's yen yesterday crashed to an 11-month low against the US dollar, triggering a direct warning from Finance Minister Satsuki Katayama that Japan would "take bold action" soon. There's no set price number that would trigger action, and Japan's officials won't commit to an exact rate. The yen's weakness began right after the Bank of [...]
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