Tokyo signals it is uncomfortable with euro's slide against yen

Article Abstract:

The leading currency bureaucrat in Japan said that the euro's recent fall against the yen was "excessive." The official's comments reflected Japan's nervousness about the euro's depreciation, which could hurt Japanese exports.

Europe, Euro (Currency), Foreign exchange market, Euro currency transition

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Japan's intervention to curb yen reached record amount in May

Article Abstract:

Record levels of interventions took place in May 2003?in Japan as the country attempted to keep down the strength of the yen currency. The interventions could dissuade investors from bidding up the price of the yen.

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U.S. official treads carefully

Article Abstract:

U.S. Treasury Secretary John Snow has avoided making any public criticism of Japan's and China's currency policies. Snow is on a visit to some of the U.S.' largest trading partners in Asia.

United States, China, Management dynamics, Executive changes & profiles, Management, Officials and employees, Company business management, United States. Department of the Treasury, Snow, John (English physician)

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