Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

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Source: CNBC
Published: 2026-06-19 12:04 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, Business & Economy, Asia Pacific
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Snippet:
Japanese Finance Minister Satsuki Katayama is increasingly finding herself in an unenviable position on the foreign-exchange front.
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