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Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia

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CNBC reports Treasury Secretary Scott Bessent said the U.S. intervened in currency markets, buying yen alongside Japan. The coordinated action was designed to curb currency volatility and reduce risks to Asian financial markets.

Source: https://www.cnbc.com/2026/08/04/bessent-us-japan-yen-curr...

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