Yen

The U.S. Treasury and Japan's finance ministry worked together last week to prop up the value of Japan's currency. The two countries reportedly bought tens of billions of dollars of Japanese yen to stop a slide that began in early May. They needed to...

Kathryn Dominguez, Marketplace: If the yen jumps around too much, anyone that wants to trade with Japan might hold off. Supply chains could seize up. Kathryn Dominguez, a professor at the University of Michigan, said this is not the time for that to ...

Kathryn Dominguez was quoted in a Financial Times article about the currency challenges facing Japan's new prime minister. The value of the Yen recently reached a 15-year high and the Japanese government must decide if currency intervention is approp...