M/CLEAR
The Japanese government relies heavily on mental tactics to fight yen bears, which means letting markets guess their currency intervention rather than blatantly seeking to prevent the currency from falling to decades-lows.
The battered yen has collapsed in recent weeks, which analysts and investors attribute to the government’s efforts to prop up the currency against a relentlessly strong dollar, amid considerations about the negative economic effect of the yen’s sharp decline.
This is possibly due to a conflict with your security or ad-blocking software.
Upload japantimes. co. jp and piano. io to your list of sites.
If this doesn’t work or if you can’t load the domain names on your whitelist, stop by this help page.
We humbly for the inconvenience.
In an age of misinformation and too much information, quality journalism is more important than ever. By subscribing, you can help us tell the story well.
Your subscription plan allows you to comment. To be more informed, see our frequently asked questions
Japan Times Ltd. All rights reserved.