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Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

Por: Fox Business Business September 24, 2022

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'Kennedy' panelists Katie Pavlich, Brad Polumbo and Marie Harf discuss the Federal Reserve raising interest rates by three-quarters of a percentage point to combat inflation.  Japan intervened in the on Thursday to buy yen for the first time since 1998, in an attempt to shore up the battered currency after the Bank of Japan stuck with ultra-low interest rates. The move, which occurred in late Asia hours, saw the dollar plunge more... + full article



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