TOKYO - Japan's government confirmed on Tuesday that it did not intervene in the currency market to prop up the yen in the past month, data from the Ministry of Finance showed.
The monthly Ministry of Finance data showed no spending on intervention between Sept. 28 and Oct. 27. Earlier this month, the Japanese currency had rebounded sharply by around 3 yen within minutes of softening beyond 150 to the dollar, a level seen by investors as a possible trigger for intervention. The yen's weakening had been a source of concern as it raises energy costs and other expenses for households struggling with stagnant wages.'Things were way tougher': Charlie Munger shares blunt message with whiners worrying about 'hardship' — plus 3 stocks Warren Buffett's right-hand man uses to supercharge his financesThe economy is big, complex and difficult for most people to understand.
The US economy is facing a triple threat of soaring debt, rising interest rates, and protectionist industrial policy, research firm saysLearn to speak, read, and write Thai and Thai script with our easy and fun online course. Nine years of experience teaching individuals and groups.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »