Global Economy
Japan's Finance Ministry says it conducted coordinated yen buying intervention with the US on Friday and won't hesitate to conduct further forex intervention with the US, adds intervention was to address recent excessive and disorderly moves in the yen
StockNow breaking-news AI analysis
Japan and the US launched their first joint yen intervention since 2011 to combat excessive volatility. Future operations will utilize the Fed's FIMA Repo Facility for liquidity.
News detail
Says:Japan also plans to utilise the Fed's Foriegn and International Monetary Authrorities (FIMA) Repo Facility in the future.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.