N.Y. DEALERS BELIEVE FED INTERVENED TO BUY DLRS

  The Federal Reserve appears to have
  intervened in the U.S. foreign exchange market to buy dollars
  against yen this morning, currency dealers said.
      They said the intervention occurred near the dollar's early
  low of 148.50 yen and the U.S. currency subsequently firmed to
  149.05/15. It closed at 150.00/05 on Monday.
      Dealers were uncertain of the amount involved and whether
  the Fed's purchases were for its own account or for a customer.
  But there was speculation that it may have been done in
  conjunction with the Bank of Japan. Tokyo dealers said the
  Japanese central bank bought dollars in Tokyo earlier today.
  

