Japan conducts yen-buying intervention for 1st time in 24 years

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Japan conducts yen-buying intervention for 1st time in 24 years

Japan on Thursday stepped into the foreign exchange market amid the yen's abrupt fall, the Finance Ministry said, in its first intervention to prop up the currency in 24 years, as rising import costs have been dragging down the country's broader economy.

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  • ILEA001021594
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  • 2022/9/22 00:00:00
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  • Kyodo / Kyodo News Images
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  • Kyodo News
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