Tag Archives: Japanese Yen

Japan intervenes in currency market to weaken yen (9/15/2010)

By TOMOKO A. HOSAKA Associated Press Writer TOKYO (AP) — Japan waded into the currency market Wednesday for the first time in six years, buying dollars to weaken the surging yen, which is battering famed Japanese manufacturers like Toyota and Sony after spiking to 15-year highs. Prime Minister Naoto Kan surviving a leadership challenge the… read more