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17/06/1998 U.S. join Bank of Japan to save yen from record fall

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Bank of Japan maintains monetary policy

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The Bank of Japan may need to start increasing its quantitative easing program again if...

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Bank of Japan Keeps Loose Monetary Policy

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Recording Realised Gain/Loss in Sales Invoice

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The Hidden Microsoft Edge Features You Didn't Know About

With yen weakening, Bank of Japan intervened to support its currency. As yen crumpled below 144 to the dollar, U.S. authorities in 1998 joined the Bank of Japan, spending $833 million buying yen, the third most traded currency in the foreign exchange market after the United States dollar and the euro.
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    • Pronunciation and etymology 

    • Introduction 

    • Fixed value of the yen to the U.S. dollar 

    • Undervalued yen 

    • Yen and major currencies float 

    • Japanese government intervention in the currency market 

    • Yen in the early 1980s 

    • Post-bubble years 

    • After the global economic crisis of 2008 

    • Coins 

    • Older currency