Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions

Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs said. Whether Tokyo pulls the trigger again hinges on the rate differential between Japanese and U.S. rates, the bank says.

Source: CNBC

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Category General

Source CNBC

Published 1 month ago

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News ID #5,970

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