Today, the Bank of Japan has intervened into the currency market for first time during the fourth quarter of the year, as the Bank wants to curb the yen's appreciation that recorded a fresh all the time high against the American dollar.

Meanwhile, the Japanese Finance Minister, Mr. Azumi, said that the government's intervention was due to the strong yen versus the greenback, which has heavy negative results on the economic recovery in Japan, while the government will continue to intervene until the yen reaches to the safe area.