What has been the response of Japanese officials to the yen's decline?
Yen Set for Seventh Weekly Drop

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They have ignored it.
They have made verbal interventions.
They have increased interest rates.
They have sold foreign reserves.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Commonwealth Bank of Australia believe about the potential intervention?
It will definitely succeed.
It will likely fail without US support.
It will not happen at all.
It will be delayed until next year.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the transcript, when might Japanese authorities intervene?
This month
They have already intervened
In six months
Next year
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted new normal for the yen against the dollar?
120
150
130
140
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the sentiment among traders regarding the yen?
Ignore the yen market.
Hold the yen and wait.
Sell the yen versus everything else.
Buy the yen against everything else.
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