Japan and U.S. Conduct First Joint Yen Intervention in 15 Years to Stabilize Currency
Japan has confirmed its first coordinated currency market intervention with the United States in 15 years, as both countries moved to support the Japanese yen after it fell to its weakest level against the U.S. dollar since 1986. Japanese Finance Minister Satsuki Katayama announced that the Ministry of Finance purchased yen on Friday in coordination […]