Banks told to prepare for possible operation to buy Japanese currency

Coordinated actions seen as joint effort to curb yen weakness

TOKYO, July 31 : Japan conducted massive yen-buying, dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources.U.S.…

Possible purchase follows $73bn yen total in April-May

Banks told to prepare for possible operation to buy Japanese currency

Banks told to prepare for potential operation to buy Japanese currency