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Japan confirms joint FX intervention with US, says won't hesitate for more

Asia-Pacific 1 source 1 country 🔦 Under-reported 33m ago

Japan has officially confirmed a joint foreign exchange intervention carried out alongside the United States to address currency market movements. Authorities in Tokyo stated that they will not hesitate to take further action if necessary to stabilize the foreign exchange markets.

The confirmation highlights ongoing international coordination and concern regarding currency volatility, though specific details regarding the timing, scale, or exact mechanisms of the joint intervention were not immediately elaborated in the available reports.

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