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Yen surges as Japan reportedly intervenes to counter currency weakness
The Nikkei, citing a government source, said officials had intervened buying the currency, which had been around its weakest since July 2024 earlier Thursday.
Raccontata da
cnbc.com
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Yen surges as Japan reportedly intervenes to counter currency weakness
The Nikkei, citing a government source, said officials had intervened buying the currency, which had been around its weakest since July 2024 earlier Thursday.
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Japanese FX intervention wipes out yen’s Iran war losses — but fails to eliminate market concerns
“FX intervention will only get them so far,” one strategist said after the yen surged.