Ghana news briefing
US and Japan jointly intervene to prop up yen in rare move
Bank of Japan data indicated that Tokyo may have sold almost $59bn of US dollar to buy yen when it intervened in New York markets on Thursday, before Friday's confirmed joint intervention with Washington.
Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen after it weakened to a fresh 40-year low.
On Monday, Japan's finance ministry said Friday's intervention with the US Treasury Department "countered excessive volatility and disorderly movements in the Japanese yen in recent months".
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