In Tokyo trading today, February 16, 2009, the Japanese Yen gained against other major currencies after the G-7 finance ministers, at their weekend meeting, made no specific references to the strength of the Japanese currency. The Japanese Yen edged up, although the latest data showed that the Japan’s economy shrunk sharply during the final quarter of last year, as investors felt that the numbers are reasonable and are within expected ranges. Japan’s Gross Domestic Product fell by 3.3% in the 4th quarter of 2008, or an annualized 12.7%, the sharpest drop since 1974 during the first oil crisis.