I propose a new variable to assess the effect of the Japanese foreign exchange (FX) intervention. The variable is the probability of an FX rate reaching one thr

We analyze the short-term price impact of Japanese foreign exchange intervention operations between 1991 and 2004, using official data from Japan's Ministry of

This paper assesses the validity of the index of foreign exchange market intervention proposed by Weymark (1997, JIMF). We construct the Weymark index for Japan