Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, the Finance Ministry said Monday, confirming a rare bilateral action to halt the yen's slide.
Japan confirms joint yen intervention with U.S., signaling readiness for more actionThe joint intervention is the first since 2011, when the two countries took coordinated action to weaken the yen in the aftermath of the earthquake in eastern Japan.ebx.sh