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Yen Moves Suggest Japan Intervened, Nomura's Goto Says
Posted
April 30, 2024
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4:13Now PlayingThe yen's sudden surge on Monday is "more likely" to be caused by Japan's intervention, says Nomura Head of Japan foreign exchange Yujiro Goto. The country's top currency official, Masato Kanda, on Tuesday didn’t say whether the authorities had stepped into the market. Goto also tells Bloomberg Television that any action might not change medium-term currency trends due to underlying macroeconomic conditions.
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