US Treasury Makes Rare Yen Purchase as Japan Battles Currency Slide
Washington's direct market intervention marks a sharp departure from decades of hands-off policy as the yen hovers near four-decade lows
Every BriefAsia story tagged Us Treasury, newest first.

Washington's direct market intervention marks a sharp departure from decades of hands-off policy as the yen hovers near four-decade lows

Washington alerts major banks to stand ready as Japanese currency rebounds from four-decade lows

A Reuters photograph captured the Treasury Secretary's to-do list during a Camp David cabinet meeting, signaling potential intervention in Japan's currency market

Bangkok's Q2 trade deficit and weaker current account position bring removal from currency watch closer

Washington tells currency traders to prepare for potential additional operations as yen climbs to highest level in two and a half months

Washington steps into currency markets alongside Tokyo as the yen trades near four-decade lows, deploying major Wall Street banks to execute purchases

Treasury notifies major banks to prepare for possible currency action as dollar-yen swings threaten Asia-Pacific stability

Treasury maintains monitoring despite Seoul's current account surplus and robust economic indicators

Ten Asian and European economies stay under enhanced scrutiny as Washington expands monitoring to include resistance against depreciation alongside traditional intervention concerns