The Okinawan dollar-yen juggling act

| Aug 16, 2002

The Okinawan dollar-yen juggling act

Tenth in an occasional series By MAYUMI NEGISHI Staff writer NAHA, Okinawa Pref. — On Aug. 15, 1971, U.S. President Richard Nixon took the dollar off the gold standard and introduced floating exchange rates, sending the greenback plummeting. By the end of August, the ...