Japan Can Intervene Twice More Before November Under IMF Rules

An official has noted that Japan has the capacity for two more currency interventions before November, adhering to International Monetary Fund (IMF) rules, following recent yen surges.

5 May, 09:30 — 5 May, 09:30

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japan-timesMostly Factual56d ago

Japan can intervene twice more before November under IMF rules, official notes

The comments came after the yen surged last Thursday following reported intervention by the authorities, and also saw a number of intraday rallies during days that followed.

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Japan Can Intervene Twice More Before November Under IMF Rules

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Japan can intervene twice more before November under IMF rules, official notes

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