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U.S. and Japan coordinated currency support to stabilize the yen

The U.S. Treasury took action last week, and the governments confirmed the effort in remarks made Sunday.

Reported · Written up by our desk · Central Banks

The New York Times reports that U.S. and Japanese officials confirmed on Sunday that the U.S. Treasury Department had moved last week to help stabilize the Japanese yen.

According to the outlet, the effort was coordinated between the two governments, highlighting a joint approach to currency stability.

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