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 ...
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