Europe's yen woes roll on, exposing exporters

Newswire

By Brian Love, European Economics Correspondent PARIS, Feb 21 (Reuters) - Europe's attempts to talk the yen up and secure some relief for exporters evaporated in a matter of minutes on Wednesday when the currency plumbed new depths against the euro despite a rise in Japanese interest rates. While the rate rise was billed as a major moment in Japanese monetary history, financial markets read comments by the central bank as proof it would be in no rush to follow up with more, giving them ...

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