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Japan and US agree on coordinated yen support
Japan and the United States confirmed that coordinated intervention is underway to support the Japanese yen, as part of efforts to combat market volatility and stabilize the currency. The two countries indicated that the intervention aims to curb the yen's decline, especially after it fell to its lowest levels against the dollar in several years. They also suggested that additional measures could be taken if pressures on the Japanese currency persist.
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