Japan launches FX intervention, briefly pushing yen to 155 from 160
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Japan launches FX intervention, briefly pushing yen to 155 from 160

Currencies

Currency strengthens after government moves to curb yen weakness

Finance Minister Satsuki Katayama issued a verbal warning about the yen’s weakness on Thursday. (Nikkei montage)

Nikkei staff writers

TOKYO — The Japanese government and the Bank of Japan intervened in the foreign exchange market by buying yen and selling dollars on Thursday, a government official confirmed to Nikkei.

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