31.08.2010 - Bank of Japan fails to cool rising yen
From Theglobeandmail.com: Japan sought to rescue its flagging economy with a package of stimulus measures, but the move failed to achieve its No. 1 objective: to cool the rising yen that threatens to cause havoc in its crucial export sector. The world’s third-largest economy has been stuck in neutral or reverse for much of the past two decades, yet its currency has recently soared to heights last reached 15 years ago, as worries mount over the increasingly fragile U.S. and global recoveries..............................................Full Article: Source
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