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'Buy $5-10 billion yen': Bessent's note hints at US plan to back Japan's currency

Times of India

BusinessTimes of India·Aug 1, 2026·1 min read

'Buy $5-10 billion yen': Bessent's note hints at US plan to back Japan's currency

The United States Treasury is reportedly considering buying Japanese yen. This move follows reports of potential intervention in the currency market. Japanese authorities had already intervened to support their currency earlier. The dollar…

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