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To: GST who wrote (63799)6/22/1999 8:02:00 PM
From: BGR  Read Replies (1) | Respond to of 164684
 
There is most definitely a relationship between dollar and yen as USA and Japan engage in a lot of international trade. By the same reason, interest rates in the two countries are important as well. As for why the intervention is necessary, it is for the same reason why interest rate adjustments are often needed, because the market overreacts.