US Treasury undertakes intervention in yen market, FT reports
- Posted on August 1, 2026
- By Business News Today
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US Treasury undertakes intervention in yen market, FT reports
The United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchases by the Treasury. The Federal Reserve Bank of New York conducted a sale of euros. This sale was done to buy yen on behalf of the Treasury. These details were reported by the Financial Times citing familiar sources.
