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BANK OF JAPAN INTERVENES SOON AFTER TOKYO OPENING
The Bank of Japan bought a small amount of
dollars shortly after the opening at around 145.30 yen, dealers
said.
The central bank intervened as a medium-sized trading house
sold dollars, putting pressure on the U.S. Currency, they said.
The dollar was also supported by a major electrical
consumer goods company, which was a speculative dollar buyer at
around 145.25 yen, they added.
The dollar opened at 145.33 yen against 145.60/70 in New
York and 145.25 at the close here yesterday.