The Guardian·3 min read·medium
Yen hits three-month high after Trump helps prop up currency
G
Graeme Wearden
✦AI Summary
The Japanese yen reached a three-month high following a rare joint currency intervention by the US and Japanese governments. The move aims to stabilize the yen, which had been weakened by interest rate disparities and specific economic policies.
Japan’s prime minister Sanae Takaichi met Donald Trump in March. Japan’s prime minister Sanae Takaichi met Donald Trump in March. Yen Yen hits three-month high after Trump helps prop up currency US and Japanese governments confirm they carried out a rare joint intervention late last week
economybusinessworld
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