Japan Takes Action To Weaken Yen, Boost Dollar

from National Public Radio

The Japanese government went on a buying spree Monday to try to weaken the yen and push up the value of the dollar. The exchange rate recently hit about 75 yen to the dollar, which is terrible for Japanese exporters. Honda, Panasonic and Toshiba announced earnings Monday — and all said they're affected by the currency issue.

Broadcast Dates

• Morning Edition, October 31, 2011