最近几周内，在全球投资者厌恶风险的环境下日元的地位被不断推高，达到了近15年中的高点，因而日本财政部采取了日元贬值的策略。
The maneuver by Japan's finance ministry came after the yen had reached 15-year highs in recent weeks, elevated by its status as a haven among risk-averse global investors.
一个月前，菲莫日本公司的竞争对手英美烟草日本公司以需要对付不断变化的市场环境为由，撤销了向日本财政部提交的提价申请。
A month ago, its smaller rival British American Tobacco Japan Ltd. withdrew its application with the ministry to raise its prices, citing the need to cope with the changing market environment.
日本财政部2003年对汇率大规模干预带来的外汇储备增长带动了海外债券投资规模的增长，外汇储备在日本海外债券投资总额中所占比重攀升至32.6%。
The rise in foreign reserves, accumulated through the MoF's heavy fx intervention in 2003, contributed to the increase in overseas bond investment, mounting to 32.6% of overall bond investment.
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