Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
A Currency Trader at Heart, Bessent Bets on Japan’s Yen
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Oil profits spike as Middle East war fuels energy prices and Trump blasts soaring earnings – business live
Rolling coverage of the latest economic and financial newsSurging profits across the oil industry, while Europe grapples...
Secondhand EV leasing hits the fast lane as more UK drivers explore ways to cut motoring costs
Numbers using finance rises 170% in a year as leasing firms boom alongside leapin secondhand vehicle supply and surging ...
Could heatwaves make your food shop more expensive?
Image source, Jonny Mcguigan/BBCImage caption, Fridges and freezers in some supermarkets have stopped working during hea...
Horror bookshop aims to raise £20k to stay open
Image caption, The Haunted Bookshop has been running for two years ByMarcus Boothe, Bristol and Sonia Mumtaz, Bristol Pu...