Japan intervened in the foreign exchange market to halt the yen's rise
31/10/2011 01:42

He said Japanese Finance Minister John Izumi, Japan intervened unilaterally in the foreign exchange market to weaken the yen. Izumi declined to comment on the size of the sale of the yen, but stressed that Tokyo will continue to intervene until it is satisfied with the results. The intervention of the Tokyo market in the wake of repeated warnings by the makers policy, they are ready to move to prevent the yen's rise to cause damage to the third largest economy in the world