The strong yen hurts Japanese exporters struggling to sell goods that are now more expensive in foreign markets.
VOA: standard.2009.12.03
In the past, to halt the dollar's fall, the Bank of Japan has sold yen and bought dollars.
VOA: standard.2009.11.27
Finance Minister Hirohisa Fujii described himself as "extremely nervous" Friday, after the dollar slid toward 84 yen.
VOA: standard.2009.11.27
The shakiness in world stock markets did not help the dollar, which is at levels against the yen last seen 14 years ago.
VOA: standard.2009.11.27
The BOJ has been under intense government pressure to stimulate the economy since the yen reached a 14-year high last week against the dollar.
VOA: standard.2009.12.03
He says Tokyo may soon intervene in the markets, to help correct the yen's course.
VOA: standard.2009.11.27
(Voice) He says the yen's current strength reflects a skewed movement in the market, and adds it would be appropriate for Japan to take action to stabilize global financial markets.
VOA: standard.2009.11.27
应用推荐