Exchange Intervention

to Japanese

[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)

Exchange Intervention