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Why is Trump helping Japan revive the Yen? Impact of rare intervention explained

in5points
  1. The US and Japan coordinated to strengthen the Japanese yen through rare joint currency intervention.

  2. US Treasury Secretary Bessent circulated a viral note of $5-10 billion relating to the intervention.

  3. The intervention occurs amid concerns over inflation and market volatility in Japan.

  4. The rarity of the joint action highlights significant international coordination on currency markets.

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Viveck Goenka

Indian Express Group

Viveck Goenka

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