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Trump says US support for Japanese yen a 'signal of friendship'

Posted on August 3, 2026
By Le Monde
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1 min read

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Trump says US support for Japanese yen a 'signal of friendship'

On Friday, July 31, the US Treasury jointly intervened with Japan to prop up the yen for the first time in nearly three decades. The Federal Reserve Bank of New York took the unusual step of selling euros to buy yen on behalf of the US Treasury.