BBC News·3 min read·hard
US and Japan jointly intervene to prop up yen in rare move
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✦AI Summary
The US and Japan have conducted a rare joint intervention in currency markets to stabilize the yen after it hit a 40-year low. The move aims to curb excessive volatility and support Japan's economy amid interest rate disparities.
Image source, Bloomberg via Getty Images Image caption, Japan's prime minister Sanae Takaichi met President Trump in March
economybusinesspolitics
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