(April 10, 2016) There has been recent speculation that the Japanese authorities might intervene to push down the yen.
No, Japan Does Not Intervene in FX These Days
Tag Archives: exchange rate
September 22 is the 30th Anniversary of the Plaza Accord
(9/21/2015) Exactly 30 years ago, on September 22, 1985, ministers of the Group of Five countries met at the Plaza Hotel in New York and agreed on a successful initiative to reverse what had been a dangerously overvalued dollar.
Misinterpreting Chinese Intervention in Financial Markets
(9/7/2015) It is tempting to view economic events in China through a single template: the view that they are driven by government intervention because the authorities haven’t learned to let the market operate.