The US has helped pull Japan’s yen out of a 40-year low. Why?

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Source: South China Morning Post
Published: 2026-08-03 20:30 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, World News, US Politics, Business & Economy, Asia Pacific
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Snippet:
Washington steps in to save Tokyo’s weakened currency in first joint yen-buying action for almost 30 years, causing its value to surge
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