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An electronic board displays the exchange rate of the Japanese yen against the U.S. dollar in Minato Ward, Tokyo on August 3, 2026.
What We're Watching

US helps out Japan with currency, Record heat in Europe gets nuclear, Iran war déjà vu

Japan and the United States confirmed today they jointly intervened to prop up the Japanese yen, the first such action since 2011.

​FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023.
What We're Watching

How long can Japan prop up the yen?

Japan’s currency slipped to 160 yen to the dollar on Monday, its lowest rate since 1990, triggering a government intervention and threatening Prime Minister Fumio Kishida’s position.

Hard Numbers: Khmer Rouge convictions, soaring Sri Lankan inflation, Japan’s Yen-tervention, “Fat Leonard” nabbed
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Hard Numbers: Khmer Rouge convictions, soaring Sri Lankan inflation, Japan’s Yen-tervention, “Fat Leonard” nabbed