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Japan Says U.S.-Japan Joint FX Intervention Principles Remain in Place as Yen Weakens Past 158

Japan said the existing U.S.-Japan framework for coordinated foreign-ExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More intervention remains in place as the yen weakens beyond 158 per dollar, keeping CurrencyDefinition A currency is a form of money used to pay for goods and services, measure value, and transfer purchasing power between people and businesses. Examples include t...Read More-MarketA place—physical or digital—where buyers and sellers meet and agree on a price. Lix’s simple rule: no buyers and sellers, no market.Read More intervention risks in focus.

Japanese Finance Minister Satsuki Katayama said principles underpinning July's coordinated Japan-U.S. currency intervention remain in place, signalling readiness for joint action again if needed. Reuters reported the yen had weakened beyond 158 per dollar after the BOJ's rate rise to 1.25%. Katayama declined to comment on specific FX levels. This materially advances Piplix's existing yen-intervention coverage.

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