Sail GP Halifax: The Extreme Race Experience | SaltWire #racing #sailing #catamaranTOKYO - Japanese authorities held an emergency meeting this week to discuss the weak yen and suggested they were ready to intervene in the market to stop what they described as disorderly and speculative moves in the currency.
Sept. 7, 2022 - Top government spokesman Hirokazu Matsuno expresses concern about"rapid, one-sided" moves seen in the currency market after the yen weakens beyond 143 per dollar. March 18, 2011 - Group of Seven nations jointly intervene to stem yen strength when the currency spikes to a record high in the aftermath of the earthquake.
May-June, 2002 - The BOJ intervenes to sell yen, often supported by the U.S. Federal Reserve and European Central Bank . The yen continues to gain. 1997 - 1998 - The Asian financial crisis sees the yen weaken, reaching nearly 148 per dollar in August 1998, even after U.S. authorities join the BOJ to buy yen.