WIRE — Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen to a fresh 40-year low. The joint intervention is the first since 2011, when both countries took coordinated action to weaken the yen after the devastating earthquake and tsunami that hit eastern Japan. Both Japans finance [...] The post US and Japan jointly intervene to prop up yen in rare move appeared first on Kahawatungu.
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