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treasury department

1 article

U.S.-Japan Currency Intervention Drives Yen's Largest Rebound in Eight Months
Research & AnalysisYesterday
U.S.-Japan Currency Intervention Drives Yen's Largest Rebound in Eight Months
Treasury Secretary Scott Bessent and the Federal Reserve coordinated with Tokyo to reverse the yen's depreciation, pushing the currency up 4.5 percent against the dollar.