Tag Archives: exchange rate

No, Japan Does Not Intervene in FX These Days

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(April 10, 2016) There has been recent speculation that the Japanese authorities might intervene to push down the yen. Continue reading

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September 22 is the 30th Anniversary of the Plaza Accord

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(9/21/2015)  Exactly 30 years ago, on September 22, 1985, ministers of the Group of Five countries met at the Plaza Hotel in New York and agreed on a successful initiative to reverse what had been a dangerously overvalued dollar. Continue reading

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Misinterpreting Chinese Intervention in Financial Markets

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(9/7/2015) It is tempting to view economic events in China through a single template: the view that they are driven by government intervention because the authorities haven’t learned to let the market operate.  Continue reading

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