US Treasury bought yen in July; Fed made no solo FX interventions in Q3
6 Articles
6 Articles
US Treasury bought yen in July; Fed made no solo FX interventions in Q3
Nov 12 : The US Treasury bought Japanese yen in the July-to-September quarter, but the Federal Reserve did not intervene of its own accord in foreign exchange markets in the same period, the Federal Reserve Bank of New York said on Thursday.The New York Fed's quarterly report on currency market operations det
The United States Purchased Rp9.1 Trillion Worth of Yen to Curb the Japanese Currency, the First Joint Intervention Since 1998
According to a report on foreign exchange operations for July-September released by the Federal Reserve Bank of New York on the 12th, the U.S. government, in coordination with the Japanese government, intervened in the foreign exchange market on July 31st, selling euros and buying 79.4 billion yen. This was done to respond to the yen's fluctuations, which the U.S. Treasury Department deemed disorderly…
[Washington, Kyodo] According to a report on foreign exchange operations for July-September released by the Federal Reserve Bank of New York on the 12th, the U.S. government, in a currency intervention carried out in coordination with the Japanese government on July 31, sold euros and bought yen worth 79.4 billion yen.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
