Tremors in Japan Prompt Treasury to Weigh Currency Intervention

New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency. Bessent, Scott, Takaichi, Sanae, Treasury Department, Federal Reserve Bank of New York, Bank of Japan, Banking and Financial Institutions, Currency, Government Bonds, Yen (Currency), US Dollar (Currency), Japan Read More

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