US-Japan yen intervention reflects pragmatism behind show of 'friendship'
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Source: Nikkei Asia
Published: 2026-08-05 03:04 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Asia, Business & Economy, Asia Pacific
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Snippet:
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katayama have both mentioned the use of a repo facility in the coordinated yen intervention. (Nikkei montage/Source photos by Reuters and Nikkei)
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