Post by The Great Aztec Joe on Nov 2, 2011 7:15:08 GMT -8
BOJ supplies dollars in rare move, warns on markets
KOFU, Japan (Reuters) - The Bank of Japan supplied dollars in market operations on Wednesday for the first time in more than a year, a sign of the global market strains that board member Sayuri Shirai separately said could push the yen higher again.
Dollar funding has become increasingly tight in money markets globally as uncertainty over bank exposure to the euro zone debt crisis raises fears of a new credit crunch....
finance.yahoo.com/news/BOJ-supplies-dollars-in-rare-rb-2566123652.html?x=0&sec=topStories&pos=5&asset=&ccode=
KOFU, Japan (Reuters) - The Bank of Japan supplied dollars in market operations on Wednesday for the first time in more than a year, a sign of the global market strains that board member Sayuri Shirai separately said could push the yen higher again.
Dollar funding has become increasingly tight in money markets globally as uncertainty over bank exposure to the euro zone debt crisis raises fears of a new credit crunch....
finance.yahoo.com/news/BOJ-supplies-dollars-in-rare-rb-2566123652.html?x=0&sec=topStories&pos=5&asset=&ccode=