Rate Hike, Intervention Can't Reverse Weak Yen
Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines that inflate already rising fuel and raw material prices.
March 21, 2022
Today, June 21, 2022, after the opening of the trading session on the MoEx, the U.S. dollar further fell by 1% to 54.83 rubles.
June 21, 2022
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