Yen Plunges as Central Bank Intervenes

By: Stock Market News & Stocks to Watch from StraightStocks

Posted on August 04, 2011 at 02:53 AM EDT

The Japanese yen plunged in Thursday's trading as the Bank of Japan intervenes to weaken the yen. Presently, the U.S. dollar added 3.04% to its value against the yen to trade around ¥79.38, while the euro stands around ¥113.31, or 2.7% above its prev...

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