The value of the yen went way up as reconstruction of the earthquake- and tsunami- devastated area of Japan commenced. This occurred because Question 2 options: the Group of 7 Nations (G-7) bought a few yen and sold them to Japan at a high price. currency speculators had bought a lot of yen and sold them to Japan at a high price. the Group of 7 Nations (G-7) bought a lot of yen and sold them to Japan at a high price. currency speculators had bought a lot of yen and sold them to Japan at a low price