وزارة المالية اليابانية تدخلت للحد من تراجعات الين في 2022.. فهل تعيد الكرة؟
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00:00 The Japanese Bank has a history of interference to save its currency.
00:05 After the Japanese Yen reached 145 Yen for each dollar,
00:09 did the Japanese Bank return to interference?
00:12 In the year 1990 or between 1991 and 1992,
00:18 the Japanese Bank intervened to save its currency from deterioration
00:23 when the currency reached 120 Yen for each dollar.
00:27 The Japanese Bank returned to interference again between 1997 and 1998
00:33 when the Asian crisis was contained and the Yen collapsed.
00:37 The Japanese Bank intervened again and sold the dollars and bought Yen to support the currency.
00:43 But after that, the Yen began to rise and fears arose of economic collapse.
00:49 The Japanese Bank intervened in a reverse way and bought the dollars and sold the Yen to correct the Yen's course.
00:56 The last time the Japanese Bank intervened was in 2011 after the tsunami hit the country.
01:04 After that, the Japanese Bank did not intervene until September 2022 when the Yen reached 145 Yen for each dollar.
01:11 The Japanese Bank intervened and began to sell dollars and buy Yen
01:15 and spent almost 20 billion dollars in this process.
01:19 But it was not useful.
01:21 In just one month, the Yen reached approximately 151 Yen for each dollar
01:27 and intervened again and spent almost 30 billion dollars in the process of buying and selling the dollar.
01:34 Now the Yen has a level of 145 Yen for each dollar
01:38 and it is expected that if it reaches the level of 550 Yen for each dollar,
01:43 it may intervene again to save the currency.