LOOSE CHANGE

LOOSE CHANGE

Foreign exchange trading continues to wither in the summer sun. The Bank of Japan reported that dollar/yen spot turnover slid to an anemic $2.95 billion a day on average in the week ended August 16. The turnover for the week was the lowest posted all year and the $1.9 billion turnover recorded Thursday, August 15, the least active day so far this year.

The Bank of Japan reportedly earned more money than any other Japanese company in the fiscal year ended March 31, 1991, according to Teikoku

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