Economy - Japan and USA jointly support Japanese currency Yen
TL;DR
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Japan and the USA intervened together to support the Yen. The Bank of Japan sold foreign exchange reserves and bought Yen, while the US Federal Reserve also acquired Yen. This occurred after the Yen fell to a 40-year low.
Source: deutschlandfunk.de
Same event
- Currency Intervention: Japan and USA Support Falling Yen
- Economy - Japan and USA jointly support Japanese currency Yen
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