Ghana news briefing
Oil slumps on hopes of Iran deal, yen spikes suddenly after intervention
By GhanaSummary Newsroom1 min read
Preceding the announcement, Trump said on Sunday the United States was helping Japan to prop up the yen as a sign of friendship and to help the world economy.conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.
The Japanese yen rose more than 1% to 155.
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