Japanese yen stabilizes following intervention and US support
Story essentials
Scott Bessent, Bank of Japan
Japan, USA
August 5, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/5/2026, 8:40:58 PM
The Japanese yen steadied after volatile trading and historic intervention. US Treasury Secretary Scott Bessent pledged support for Japan's stabilization efforts. Market expectations for a Bank of Japan rate hike in September have increased.
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