21 Hrs
Source:
الاقتصادية
Japan's first U.S. supported yen intervention in 15 years
Japan announced its first coordinated intervention with the United States to support the yen in 15 years, following a decline in the currency's value in recent weeks to its lowest level in four decades. Approximately $73.6 billion was spent in the largest-ever intervention in the foreign exchange market. Japan confirmed its readiness to continue interventions if pressure on the yen persists, as the currency experienced severe fluctuations and fell below its low levels. Meanwhile, U.S. officials expressed support for Japan's efforts aimed at stabilizing the yen's value and safeguarding economic stability.
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