Friday, September 17, 2010
Push on yen Aligns Tokyo with Asia Nieghbors
intrest vened to curb the yen's rise, its central bank offered the economy another boost by allowing funds generated by the intervention to remain in the banking system. Most asian currencies have strenghthened faster than the chinese yuan, expecially the japanese yen which from june to sept rose a solid 8 %. I agree this can help benifit us with more money circulating it might help our economy also.
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