Why the US stepped in as Japan’s yen hit a 40-year low
Community Score: 50% | 25 views | 1w
0 community ratings: null thumbs up, null thumbs down
Japan and the US have jointly intervened in the currency market for the first time in nearly 30 years to support the weakening Japanese yen. After the yen fell to around 163 per US dollar, its weakest level since 1986, the two countries bought yen and sold dollars, helping the currency recover to around 156. The intervention comes amid a widening interest-rate gap with the US, rising inflation, and concerns over Japan's public finances. #yen #trump #usjapan Important Playlists National News: https://www.youtube.com/playlist?list=PLK5e1a2965YXb9Oh62yur4MRCdRLL6gCt Business News: https://www.youtube.com/playlist?list=PLK5e1a2965YVXM88oXiuA1JMLZtODGP1y World News: https://www.youtube.com/playlist?list=PLK5e1a2965YW0Swy6-R3i50F5FbtDRiEe BS Decoded: https://www.youtube.com/playlist?list=PLK5e1a2965YWYuC7DEL8Lxl-rhiElowEE Want access to Business Standard’s premium insights? Join our exclusive LinkedIn communities and connect with top voices in the BFSI space—on topics that matter to y
Tags: Business Standard, BS News, Business News, Financial News, News, Daily News, share market, stock market, share market live, investment, political news, national news, live news
More from Business Standard
- Explained: Why Indian govt is warning banks about Anthropic’s ‘Mythos’ AI | Claude Mythos — Score: 50%
- India’s new online gaming rules kick in from May 1: What changes now — Score: 50%
- Centre proposes E85, E100 in petrol: What it means for consumers and automakers | Ethanol fuel — Score: 50%
- Emerging markets at record high, but why is India still lagging? | Share market news | Investment — Score: 50%
- ITR-4 new rules: What changes, how to file ITR-4 form | ITR filing 2026 | Presumptive taxation — Score: 50%
- EPFO's E-PRAAPTI portal explained: How to find old PF accounts without UAN — Score: 50%