The Yen/Dollar Exchange Rate
Description:
The dollar declined abruptly in value against the yen in the second quarter of 1994, spurring the central banks of seventeen nations to coordinate a series of intervention efforts in the world's currency trading markets. In addition, the dollar's decline sparked discussions of the possible policy moves the United States and other nations might take to stem the fluctuations in the value of the dollar. Economic theory and empirical evidence indicate that the underlying movement of the exchange ra…
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Date:
August 9, 1994
Creator:
Jackson, James K.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department