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Japan to announce Tokyo, Washington took joint action on yen: Report

Japan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's drastic decline to levels not seen in 40 years. Sources suggest that both nations have engaged in yen-buying strategies, marking their first collaborative effort since 2011. The operation is ongoing, as officials work to stabilize the currency.

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Economic TimesLean R·2h ago
Japan to announce Tokyo, Washington took joint action on yen: Report
Japan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's drastic decline to levels not seen in 40 years. Sources suggest that both nations have engaged in yen-buying strategies, marking their first collaborative effort since 2011. The operation is ongoing, as officials work to stabilize the currency.
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Japan to announce Tokyo, Washington took joint action on yen: Report

How 1 sources are covering this