Japanese experts comment on dollar prospects

- Central Banking staff
- 20 Dec 2004

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Currency market developments in 2005 are likely to see the yen and other Asian currencies bearing the brunt of further dollar depreciation. Events could bring not only renewed intervention by the Bank of Japan and the People's Bank of China but also possibly joint intervention by the BoJ and the European Central Bank, or even see US authorities enter the market if things get out of hand for the dollar.

These were the views expressed by three Japanese experts - former financial vice minister and

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