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Japan asked US to conduct dollar/yen rate checks in January, Jiji reports

ReutersFeb 12, 2026 6:28 AM

- Japan asked the U.S. in January to conduct exchange rate checks on the dollar/yen pair at a time of weakening in the Japanese currency, Jiji Press reported on Thursday, citing multiple officials familiar with the matter.

Reuters reported on January 23 that the New York Federal Reserve had taken the action, widely regarded as a precursor to currency intervention.

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