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U.S. and Japan confirm coordinated yen-buying intervention
Japan’s Finance Ministry said the coordinated yen-buying intervention took place on Friday, with the two sides signaling readiness to do more.
CNBC Markets reports that Japan’s Finance Ministry said Monday it carried out a coordinated yen-buying intervention with the U.S. Treasury on Friday.
The report also said both countries confirmed the effort and indicated they are prepared to take further action if needed.
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