Financial Times FT.com

Talk of intervention for overheated yen

By Neil Dennis

Published: October 27 2008 09:57 | Last updated: October 27 2008 17:08

The yen’s dominance in the foreign exchange market continued unabated on Monday, in spite of efforts by the world’s most powerful economies to cool its stellar run.

Recent acceleration in the yen’s appreciation prompted a G7 statement during Asian trading time.

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