Don't Let 'Mr. Dollar' Get Away With It

摘要

In tokyo, he's a faceless bureaucrat in a town full of them. But in trading pits in London and New York, and among chief financial officers from Detroit to Stuttgart, Vice-Minister of International Affairs at Japan's Ministry of Finance Zembei Mizoguchi enjoys celebrity status. And with good reason: This financial diplomat―call him Mr. Dollar―is the architect of perhaps the biggest single-handed currency intervention since World War Ⅱ. On Mar. 5 alone, the Bank of Japan, acting on orders from Mi-zoguchi's ministry, embarked on a record $20 billion yen-selling frenzy that pushed the dollar to a five-month high of 112 to the greenback.