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Detailed text transcripts for TV channel - CNN - 20110317:08:37:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110317:08:37:00

Hit the country's exporters by the time it weakened to about $79.11 by the end of the trading day. now there is talk in the markets that japan may be preparing to reign in the rising yen by injecting more liquidity into the system. now on friday, that's tomorrow, finance chiefs from the g-7 countries are set to hold talks on the country's on going crisis. japanese officials, no surprise, they won't comment on the possibility of any intervention. and the last time they did intervene in the currency market was just a couple months ago back in september, charles. okay. let's have a quick update...

Detailed text transcripts for TV channel - CNN - 20110317:08:07:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110317:08:07:00

Charles? >> okay. stan grant joining us from tokyo. many thanks to you updating us on the situation there, the operation to bring the things under control at the fukushima daiichi plant. thanks again. poly? >> charles, the financial fallout continues to follow the nuclear reactor problems. today the japanese yen hit the strongest level against the dollar. that was one dollar to 76.54 yen which surpassed the previous high of 79.75 in '95. it since pulled back and is right now trading at around 79.11 to one u.s. dollar. now a super strong yen is a very big issue. exporters want a weaker yen. you...