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Why has Trump stepped in to prop up Japan’s currency?
The US has intervened to strengthen Japan's yen for the first time in decades, as the currency hits 40-year lows, straining the nation's economy. Trump's administration is buying billions in yen to stabilize the currency and limit US borrow...
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The US has intervened to strengthen Japan's yen for the first time in decades, as the currency hits 40-year lows, straining the nation's economy. Trump's administration is buying billions in yen to stabilize the currency and limit US borrowing costs amid rising political pressure.
Full story and more reels: https://newsreel.video #news #breaking #Japan #currency #Trump #yen #economy
Originally reported by The Guardian.
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