EconomyEXCLUSIVE: Japan to announce Tokyo and Washington took joint action on yen
Japanese Finance Minister Satsuki Katayama is expected to announce on Monday that Japan and the United States acted together in the currency market. Two Japanese government officials told Reuters the move was intended to halt the yen’s decline to 40-year lows. The disclosure points to coordinated action by Tokyo and Washington to stem the currency’s slide.
EXCLUSIVE: Japan to announce Tokyo and Washington took joint action on yen