Limited impact of yen-buying operations means continued depreciation, observers say
The Japanese government moved to bolster the yen against the dollar, but the Japanese currency has given up half those gains. (Photo by Akira Kodaka)
TOKYO -- As the yen fell to the upper-158 range against the dollar on Friday, giving up half its gains from a government intervention last month, currency traders are beginning to question the effectiveness of advance intervention warnings given by Japan's top currency official.
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