Neely, Christopher J. - In: Review (2011) Sep, pp. 303-324
The Japanese yen appreciated strongly and rapidly against other major currencies in the wake of the massive March 11 … intervene to weaken the yen. This episode resembled the two most recent G-7 coordinated interventions: the June 1998 effort to … strengthen the yen and the September 2000 effort to strengthen the euro. Exchange rates reacted strongly and quickly to these …