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Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

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Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Published June 19, 2026 · Category: Finance

Overview

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

Source

Originally published at www.cnbc.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.

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