Japan, US carried out joint forex intervention Friday for 1st time since 2011

U.S. Treasury Secretary Scott Bessent, left, and Japanese Finance Minister Satsuki Katayama. (Source photos by Reuters, Nikkei) TOKYO — Japan and the U.S. conducted a coordinated intervention to support the yen on Friday, government sources said Sunday, the first time since 2011 that the two countries stepped in together to move the currency market.

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