Currency Situation News Today

The clock is ticking in one of the largest Currency Experiments in the world. Yep today is the last day to exchange those bank notes abruptly scrapped by the indian govt last month. The Prime Minister calls it a success but what do ordinary indians think about it all . And the big boss of the worlds 3rd Largest Pension Fund looks set to be arrested for abuse of power and giving false testimony. Its just another sth korean Corruption Scandal were going live to seoul to get the latest. Welcome to ...

Action. did that stabilize the situation? >> reporter: yeah, it definitely has stabilized the currency situation for now although some worry its only temporary. the problem was the value of the yen was just building and building and building. a lot of this had to do with markets getting ahead the idea the japanese government was going to raise a bunch of yen to repatriate in order to rebuild the country. but it was rising at such a quick rate that governments around the world wanted to intervene...