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

Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.

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

Published August 4, 2026 · Category: Finance

Overview

Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.

Source

Originally published at www.cnbc.com.

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