EconomyJapan and US keep door open to further coordinated intervention using US dollar funding mechanism
Japanese and US monetary authorities jointly intervened last week by buying yen to stop the currency’s historic decline. On the 3rd, they indicated that they would not rule out another coordinated intervention. Japan plans to use a mechanism for obtaining dollars from US authorities to secure enough dollar funding for any future yen-buying operation. The stance signals continued coordination between the two sides over exchange-rate pressures.
NNHK News★★★☆☆2026-08-03 21:45Original
Japan and US keep door open to further coordinated intervention using US dollar funding mechanism
Economy