Yen soars as Japan intervenes after issuing 'final' warning
The yen surged more than 2%, for its biggest gain in three years, after Japan intervened in the foreign-exchange market hours after officials delivered a "final" warning to investors against selling the currency. — The Japan Times Yen soars as Japan intervenes after issuing 'final' warning Pedestrians walk past a stock quotation board showing the exchange rate between the U.S. dollar and the Japanese yen, outside a brokerage in Tokyo on Thursday. Pedestrians walk past a stock quotation board showing the exchange rate between the U.S. dollar and the Japanese yen, outside a brokerage in Tokyo on Thursday. | REUTERS The yen surged more than 2%, for its biggest gain in three years, after Japan intervened in the foreign-exchange market hours after officials delivered a "final" warning to investors against selling the currency. The Finance Ministry in Tokyo didn't immediately respond to requests for comment. However, Japan's Nikkei newspaper, citing a...
