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The Nexus
BUSINESSAug 3 · 02:23 UTCAP NEWS

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. The dollar dropped from above 163 yen to 156.34 yen following coordinated actions, with U.S. President Donald Trump and Japan’s finance minister citing economic and diplomatic reasons for the move.

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