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Bessent says U.S. backed Japan's yen intervention to help stabilize Asia
Posted
August 4, 2026
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August 4, 2026
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0:35Now PlayingTreasury Secretary Scott Bessent said Tuesday that the U.S. joined Japan’s effort to strengthen the yen because the currency’s weakness risked destabilizing markets across Asia.
“A stable yen is not only important for the U.S., but very important for the entire region,” Bessent said on CNBC’s "Squawk Box."
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