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Japan wanted 'little bit of help' on yen from US, Trump says after intervention
Friday's move was first joint forex action by two countries since 2011
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Friday's move was first joint forex action by two countries since 2011
The yen was trading near a 40-year low against the dollar before the intervention. (Photo by Akira Kodaka)
TOKYO -- Japan and the U.S. conducted a coordinated intervention to support the yen on Friday, government sources said Sunday, the first time since 2011 that the two countries stepped in together to move the currency market.
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