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Japan spent $58.8B on currency intervention this month, double its previous record for such...
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Wednesday, August 31, 2011, 7:58 AM ETJapan spent $58.8B on currency intervention this month, double its previous record for such activity, which occurred last September. Like that move, this month's intervention looks to have caused no more than a short minor blip in the upward movement of the yen's value.
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