Daily Market Updates: Treasury warns banks it could intervene in dollar-yen

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Treasury warns banks it could intervene in dollar-yen

The dollar has traded as the yen weakened to near multidecade lows over recent years, according to the WSJ Markets.

Reported · Written up by our desk · Central Banks

The U.S. Treasury has warned banks it might intervene in the dollar-yen exchange rate, as the Japanese currency has continued to weaken versus the U.S. dollar.

WSJ Markets reports that the yen has weakened substantially against the U.S. currency in recent years and has moved to near multidecade lows.

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WSJ MarketsTreasury Warns Banks It Might Intervene in Dollar-Yen Exchange Rate

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Treasury warns banks it could intervene in dollar-yen

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