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There’s been no better currency in 2011 than the yen and strategists forecast more gains, even as Japan promises to intervene again in foreign-exchange markets and expands the world’s biggest debt burden.
China and Japan have agreed to start direct trading of their currencies, a move among several that emerged from Japan’s prime minister’s visit to China on Monday.
Japan is poised to unveil a currency-swap line with India in its second international financial agreement with top Asian powers this week.
Joe Hockey says China should not be the target of 'sanctimonious' lecturing over its currency.
There’s been no better currency in 2011 than the yen and strategists forecast more gains, even as Japan promises to intervene again in foreign-exchange markets and expands the world’s biggest debt burden.
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