Japan's Alleged Foreign Exchange Intervention Fails to Stem Yen's Fall

Japan’s Alleged Foreign Exchange Intervention Fails to Stem Yen’s Fall

Yen volatile as Tokyo suspects intervention for 2nd day FX officials remain tight-lipped on intervention Policymakers maintain warning against excessive FX volatility BOJ Kuroda repeats must maintain ultra-low rates TOKYO, Oct 24 (Reuters) – Japanese policymakers continued efforts to rein in the yen’s sharp decline on Monday, including through two consecutive market days of suspected …

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