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Yen-tervention: When, How and Why Not Yet?

By Mikka Pineda

Update: The Bank of Japan (BoJ) resorted to further monetary easing on August 30, 2010, as an indirect way to weaken the yen. As RGE had expected, the BoJ increased its fixed-rate bank funding scheme (established in late 2009 to weaken the yen during the Dubai debt crisis) by JPY10…

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