Japan’s exports rose in September; Government warns “Mrs. Watanabes” of possible yen intervention
Oct 24th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japan's exports rose 2.4% in September on a year earlier boosted by a rise in shipments of cars and car parts as supply chains were repaired following the March 11 devastating earthquake. It was the second consecutive month of growth, the Finance Ministry said Monday. Meanwhile, over the weekend, the government warned "Mrs. Watanabes" and other speculators that it may intervene to prevent the rise of the yen.