BUSINESSAug 3 · 02:16 UTCWPLG LOCAL 10 MIAMIAssociated Press

US dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply against the Japanese yen after confirmed market interventions by the U.S. and Japan. President Donald Trump and Japan’s Finance Minister Satsuki Katayama confirmed coordinated efforts, with the dollar dropping from above 163 yen to 156.34 yen following the intervention.

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Donald TrumppersonSatsuki KatayamapersonUS Treasury DepartmentorganizationJapanese yentopicUS DollartopicTokyoplace

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