Wednesday, September 8, 2010

Yen Trades Near Lowest in 2009 as BOJ Weighs Lending to Banks (Bloomberg)

March 17, 2009 by admin · Leave a Comment 

March 17 (Bloomberg) — The yen traded near the lowest level versus the euro this year as the Bank of Japan said it may provide 1 trillion yen ($10 billion) of subordinated loans to banks, raising concern it will flood the market with currency.

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