
Yen Falls to 40-Year Low; Japan and US Intervene to Support Currency
The Japanese yen has fallen to its weakest value against the dollar in 40 years, prompting coordinated intervention by the governments in Tokyo and Washington to support the currency.
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Japan to announce that Tokyo and Washington took joint action to support the yen, Reuters reports
Finance Minister Satsuki Katayama is likely to stress the two countries' determination to combat what they see as excessive yen declines, sources tell Reuters.
Read full article →Exclusive-Japan to announce Tokyo, Washington took joint action on yen, sources say
Read full article →Japan to announce Tokyo, Washington took joint action on yen, sources say
Finance minister Satsuki Katayama reportedly to confirm move Monday, first such effort since 2011
By Reuters
Read full article →US, Japan took joint action to shore up yen: Reports
The U.S. and Japan are said to have jointly intervened to prop up the Japanese yen for the first time in nearly 30 years after the currency plunged to its weakest level in decades,...
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