Japan intervenes in the foreign exchange market to stop the yen’s decline after the Bank of Japan kept rates very low

Bank of Japan maintains very low rates, pessimistic policy guidance A Japanese foreign exchange diplomat said he had taken “decisive” action. Confirmation of intervention pushes the dollar to slide more than 2% Analysts doubt Tokyo’s ability to continue supporting the yen Bank of Canada says it didn’t help the Bank of Japan TOKYO (Reuters) – … Read more