Bank of Japan pushes down yen
Article Abstract:
The Bank of Japan may have purchased yen worth $3 billion (2.77 billion euros) in an attempt to prevent the US dollar from declining below the psychologically-vital level of 115 yen. Traders said the bank was ordered to make the purchase by the Ministry of Finance.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Japan, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Dollar (United States), Yen (Japan), Japan. Bank of Japan
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Asian nations unlikely to let currencies rise
Article Abstract:
Nations in Asia are not expected to allow the value of their currencies increase. Some economic analysts believe however, that stronger economic conditions and political pressure will bring about a rise in Asian currency values.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Forecasts, trends, outlooks, Asia, Economic aspects, Forecasts and trends, Market trend/market analysis
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Finance, Money, Company financing
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