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History of Japan s intervention in currency markets

(Reuters) - A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is more than .

What three economists taught us about currency arrangements

Richard Cooper, Robert Mundell, and John Williamson made important contributions on a variety of topics in international economics throughout their careers, particularly in terms of how we think about currency arrangements. This column reviews the work of all three, tracing their ideas and drawing lessons for policymakers today.

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