Nikkei Dives on Yen’s Spike after Japan-U.S. Intervention
Tokyo, Aug. 3 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average briefly gave up more than 1,600 points Monday morning, after a coordinated yen-buying foreign exchange market intervention by Japanese and U.S. authorities pushed up the Japanese currency. At 10:18 a.m., the index