Rare US-Japan intervention as yen hits 40-year low: what does it mean?
- Posted on August 3, 2026
- By South China Morning Post
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- 1 min read
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Rare US-Japan intervention as yen hits 40-year low: what does it mean?
Washington steps in to save Tokyo’s weakened currency in first joint yen-buying action for almost 30 years, causing its value to surge.
