Yen jumps after authorities intervene for first time since 1998

Yen jumps after authorities intervene for first time since 1998

https://www.reuters.com/markets/europe/dollar-powers-new-two-decade-high-fed-outlook-russia-jitters-2022-09-22/

3 comments
  1. And just as quickly it’s heading back down. Not much can be done to prevent the true value of the yen and the Japanese economy in its current state.

  2. Intervene = manipulate

    Just wait until japan gets whacked more by inflation. Or does the magical covid dome also protect against inflation.

    Interest rates will go up in japan. Not if but when.

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