EconomyUS and Japan take rare joint action in currency market to prevent yen hitting 40-year low
The United States and Japan have unusually joined forces to intervene in the foreign-exchange market. Their stated aim is to prevent the Japanese yen from falling to a 40-year low. Both countries say they would not hesitate to carry out another coordinated intervention if necessary in the future.
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BBC Chinese★★★★☆2026-08-03 03:46Original
US and Japan take rare joint action in currency market to prevent yen hitting 40-year low
Economy