毎日新聞·3 min read·medium
Japan conducts currency intervention to stem yen's fall vs. dollar: source
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✦AI Summary
Japanese authorities have intervened in the foreign exchange market to support the yen following its decline to a 39-year low against the U.S. dollar. The move, which appears to have U.S. government support, aims to curb excessive currency volatility.
TOKYO (Kyodo) -- Japanese authorities intervened in the foreign exchange market on Thursday to buy the yen and sell the U.S. dollar, a government source said, a move that came after the Japanese currency had been trading around its weakest level in more than 39 years.
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