TOKYO -- During an animated news conference on Sept. 22, immediately after Japan's first direct yen-buying intervention in 24 years, the country's top currency diplomat briefly appeared to betray doubt.
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Can Japan avert 'disaster' with interventions to support the yen?
First forex intervention in decades highlights limit of what Tokyo can do alone
The yen had depreciated to over 145 against the dollar in recent weeks, prompting Japan to directly intervene in the foreign exchange market for the first time in decades. © Reuters
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