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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