Exchange Intervention



[News Flash]

     We, "New-Method," intervented in exchange by selling Japanese yen
and buying U.S. dollars on a scale of 200 dollars this morning (Japan
Standard Time).  This was a coordinated yen-selling and dollar-buying
intervention with the one which was executed by the Japanese government
and the Bank of Japan (BOJ) on a scale of 20 billion dollars last week
to stem the yen's rise.  The actual limit of intervention by the
government and BOJ is 400 billion dollars, and "New-Method" is considering
interventing more upto 4 thousand dollars within this fiscal year.

September 21, 2010
New-Method (Takahiro Hirama, Shogo Baba, Hideki Nakazawa)
http://7x7whitebell.net/new-method/




2010-09-21b
- Multiposted both the else Japanese email and the above English email to both users of Japanese and English together with Takahiro Hirama and Shogo Baba. Updated the website.
- This site is made in person by Hideki Nakazawa. See also "Notebook."
- Make contact with Gallery Cellar for Nakazawa's works, writings, lectures and others. Email to info@gallerycellar.jp including CC to nakazawa@aloalo.co.jp .

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