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US Treasury intervenes to support yen after Japan steps in, FT reports

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US Treasury intervenes to support yen after Japan steps in, FT reports
Reuters
Reuters1 hrs ago
US Treasury intervenes to support yen after Japan steps in, FT reports
US Treasury intervenes to support yen after Japan steps in, FT reports  Reuters
U.S. Treasury intervenes to support yen after Japan steps in, report says
The Federal Reserve Bank of New York conducted a sale of euros to ⁠buy yen on behalf of the Treasury ⁠through Goldman Sachs and Morgan Stanley, the Financial Times reported.
Channel NewsAsia
Channel NewsAsia🏁 first to report2 hrs ago
US Treasury intervenes to support yen after Japan steps in, FT reports
July 31 : The U.S. Treasury intervened to support the yen on Friday through outright purchases, the Financial Times reported, joining Japan in its efforts to boost the currency from near 40-year lows.The Federal Reserve Bank of New York conducted a sale of euros to buy yen on behalf of the Treasury through Goldman Sach