Why did the United States suddenly step in to support Japan's collapsing yen? In a historic move not seen since 1998, Washington and Tokyo carried out a rare joint currency intervention after the Japanese yen plunged to a 40-year low.

This explainer breaks down why the yen became so weak, why the US decided to help, what it means for global markets, and whether intervention can actually stop the yen's long decline.

#japan #yen #usa #economy #currency #globalmarkets

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