PDA

View Full Version : Yen's Slump Shows BOJ Stimulus Beating Intervention - Bloomberg Australia-NZ



NewsWhore
02-26-2012, 06:10 PM
http://news.insearchofchicas.org//nt0.ggpht.com/news/tbn/zKgzExwDCNPr6M/6.jpg
Bloomberg Australia-NZ (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbmUBjELgaJPmAqoaGB2lRlCZMrQ&url=http://www.bloomberg.com/news/2012-02-26/yen-s-worst-slump-since-2009-shows-intervention-no-match-for-boj-purchases.html)


Yen's Slump Shows BOJ Stimulus Beating Intervention (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbmUBjELgaJPmAqoaGB2lRlCZMrQ&url=http://www.bloomberg.com/news/2012-02-26/yen-s-worst-slump-since-2009-shows-intervention-no-match-for-boj-purchases.html)
Bloomberg Australia-NZ
The currency plunged to a seven-month low after the BOJ, which has struggled for more than a decade against deflation, said on Feb. 14 it aimed for 1 percent annual gains in consumer prices and would add 10 trillion yen ($123 billion) to the economy.

and more » (http://news.google.com/news/more?ned=us&ncl=dW0babkVtLGLopM)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbmUBjELgaJPmAqoaGB2lRlCZMrQ&url=http://www.bloomberg.com/news/2012-02-26/yen-s-worst-slump-since-2009-shows-intervention-no-match-for-boj-purchases.html)