Japan will soon officially announce that Tokyo and Washington have taken joint action to stabilize the yen, sources say. This was reported by Qazaqyia.kz citing Reuters.
The news comes amid significant fluctuations in the Japanese yen over recent months. Analysts view this step as a coordinated intervention by the two countries in the currency market.
According to sources, the joint action is aimed at supporting the yen's value, and an official statement may be made in the coming days.
This situation is drawing great interest in international financial markets, as a joint currency intervention by the US and Japan is a rare occurrence.