Yen Rebounds on Intervention Signs

Yen Rebounds on Intervention Signs

Assessment

Interactive Video

Business

University

Hard

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The video discusses potential interventions in the currency market, focusing on the yen. It explains how officials conducted a rate check by contacting banks for indicative prices, signaling possible intervention. Japanese officials have also engaged in verbal intervention to address the yen's rapid losses. These actions have helped strengthen the yen recently. The DOJ has set a threshold of 145 yen per dollar, indicating their tolerance for yen weakness but warning against further depreciation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions did officials take in the currency market according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the verbal intervention by Japanese officials affect the yen?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the trend of the yen's value over the past 24 hours as described in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 145 per dollar mark mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What warning did officials give regarding the yen's weakness?

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