IMF sees Japan’s currency intervention as ‘signaling’ move with short-term impact

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Japan’s currency intervention last month to stop a sharp slide in the yen was likely a “signaling action” to smooth volatility, though the impact of such moves tend to be short-lived, a senior International Monetary Fund official said on Thursday. Recent volatile market moves heighten the need for...

https://www.hellenicshippingnews.com/imf-sees-japans-currency-intervention-as-signaling-move-with-short-term-impact/

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