U.S. Treasury intervenes to support yen after Japan steps in, report says
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Source: The Japan Times
Published: 2026-08-01 11:12 UTC+10:00
Section: BUSINESS
Factuality Score: 95
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, Financial Markets, US Politics, Business & Economy, Asia Pacific
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Snippet:
The U.S. Treasury stepped into the currency market on Friday to back the battered yen, the Financial Times reported, marking Washington’s first intervention along with Tokyo to support Japan’s currency in more than a decade as it languishes near 40-year lows.
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