Associated Press·4 min read·hard
US dollar weakens sharply against the Japanese yen after officials intervene in markets - AP News
M
Mayuko Ono, Elaine Kurtenbach
✦AI Summary
The U.S. dollar dropped sharply against the Japanese yen following coordinated market intervention by U.S. and Japanese officials. The move aims to address the yen's prolonged weakness, which has contributed to rising living costs in Japan.
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