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Detailed text transcripts for TV channel - CNN - 20110407:08:54:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110407:08:54:00

9.0 magnitude quake. the disaster hit the country with 15 minutes left in the trading day. markets didn't have much time to react that day. we head on over to march 14 and that is the first full trading day after the crisis. the markets responded, well, with the yen posting gains, strengthening to post-world war ii record, butting pass 79.75 mark. let's keep on going here. i'll take these out for you. you can see the yen strengthening down there. the g7 realized this and made a currency intervention on march 18. that's estimated to be about $6.5 billion. in reaction, the yen weakened to where ...

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...