hiking their interest rate higher in the face of inflation, then that's going to spill over into further yen weakness. And so, that's what he did. He literally was like, "You know, currency problem? Well, whatever do you mean?" And so, that's why dollar yen went from 155 handle to 160 in two trading days. So, the mini- Minister of Finance steps in, they do that first intervention. The second one the second uh red line of intervention that you see there, that is in July of 2024. That's the thing that leads to eventually August beginning of August Black Monday
hiking their interest rate higher in the face of inflation, then that's going to spill over into further yen weakness.