CNBC Daily Open: Fast and furious intervention to prop up the yen — will it work?

· cnbc.com

Japan, having intervened to prop its weakening currency to little effect in the past, roped in the U.S. to stage a coordinated intervention.

Satsuki Katayama, Japan's finance minister, speaks to members of the media in Tokyo, Japan, on Monday, Aug. 3, 2026. Japan confirmed its first joint interventio...


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