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Why MOF Currency Intervention Wouldn't Work | Economy | The ORIENTAL ECONOMIST - Vimarsana News

Why MOF Currency Intervention Wouldn't Work | Economy | The ORIENTAL ECONOMIST

At ¥145/$, the yen has weakened so much that, once again, the Finance Ministry (MOF) is threatening to intervene in currency markets to shore up its value. If it does, it is bound to fail, just as i…