Japan crisis prompts first joint currency intervention since 2000

Laura Miller
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The G7 nations are intervening in currency markets for the first time since 2000, on fears a crippled Japanese economy and political upheaval in the Middle East could combine to derail the global recovery.

The news of the intervention came very early this morning after a hastily assembled telephone conference of finance ministers and central bankers, the Telegraph reports. Currency traders in Toky...

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