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Will they or won’t they? Japan uses guessing game to shore up yen

Foreign Exchange & Fixed Income

Ramisa Tasnim

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October 24, 2022

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Reuters

Reuters took readers on a deep dive into how Japanese authorities are relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention rather than overt attempts to arrest the currency’s decline to multi-decade lows.

The post Will they or won’t they? Japan uses guessing game to shore up yen appeared first on Reuters News Agency.

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