What If Japan Becomes Treasury’s First Currency ‘Manipulator’ in 22 Years? (Benn Steil, Emma Smith, CFR)

In May, Japanese Finance Minister Taro Aso and colleagues warned of their willingness to intervene in currency markets to counteract upward pressure on the yen. And in the wake of Britain’s historic Brexit vote on June 23, which prompted another surge in the currency, even Prime Minister Shinzo Abe joined the chorus.

http://blogs.cfr.org/geographics/2016/07/07/japantreasurycurrencymanipulator/