Japanese government asks for help to prevent the world’s third-largest economy slipping into recession at a time of national emergency, write Toru Fujioka and Mayumi Otsuma
The Group of Seven (G7) jointly intervened in the foreign exchange market last Friday for the first time in more than a decade after Japan’s currency soared, threatening its recovery from the March 11 earthquake.
Japan began the effort, with Europe’s central banks following up in...
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