US, Japan Coordinate Currency Intervention to Stabilize Yen
Economy And Jobs,Trump Administration,United States,Asia,Japan,World,Global Economy
From the Right
AllSides Media Bias Rating: Lean Right
Japan and the United States announced on Aug. 2 that they coordinated purchases of the yen on July 31 to curb the currency's volatility on the currency market.
In a statement, Japan's Finance Ministry said it coordinated with the U.S. Treasury Department to address "excessive volatility and disorderly movements of the yen" in recent months.
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