Tokyo to announce Japan-US joint action to support yen, say sources, in first such move since 2011 - The Business Times
• Tokyo is expected to announce a joint action with the United States to support the Japanese yen, marking the first such coordinated effort since 2011. • The move follows comments from US Treasury Secretary Bessent on July 30, who stated that the yen appears to be "very undervalued." • This intervention aims to stabilize the currency market and counteract the significant depreciation of the yen against the US dollar.
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