The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partners Read more
Tag: Circumstances
Yellen: Forex Intervention Warranted Only in Rare Circumstances
By Andrew Duehren TOKYO–Treasury Secretary Janet Yellen expressed reluctance to intervene to support the yen after the Japanese currency’s recent fall. Ms. Yellen, speaking in Tokyo on Tuesday after meeting Read more