elative to the yen after Alan Greenspan hinted at possible trouble for US asset markets; so as the yen tries not to rise in value, the dollar didn't help on this Friday Oct. 15 as the close was back down to 105.5000/$.The BOJ is continuing its zero interest-rate policy to aid in the efforts to revamp the Japanese economy and ease the monetary concerns. The economy has stopped declining, and there has been improvement in exports, but consumer spending is still down because of the strength of the yen. BOJ governor Masura Hayami said, "There are still no signs of a self-sustaining recovery in the private sector." This means that the BOJ will have to continue to carefully watch the impact of the resent rise in the yen. The yen is remaining relatively stable but is still at a high value to the dollar closing on Friday Oct. 22 at 105.8100/$....
