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Category Archives: 20th Aug 1993

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Japan breathes easier on yen but danger lurks

20th Aug 1993, Reportage, ReutersBy Chaitanya KalbagAugust 6, 2024Leave a comment

20 August 1993 Reuters News English (c) 1993 Reuters Limited  TOKYO, Aug 20 (Reuter) – The Japanese government heaved a sigh of relief on Friday after action by the United States yanked the yen back from a close brush with parity with the U.S. cent.  But currency traders served notice that the rampant yen was…

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