NPR News·4 min read·medium
U.S. dollar weakens sharply against the Japanese yen after market interventions
T
The Associated Press
✦AI Summary
The U.S. and Japan have coordinated a rare market intervention to strengthen the Japanese yen against the U.S. dollar. This move follows a period of extreme currency volatility and is intended to stabilize the global economy.
TOKYO — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.
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