Japan FX diplomat says intervention effective, US 'supportive', Bloomberg News reports

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AdvertisementAdvertisementBusinessFILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/File Photo01 Jul 2026 01:13PM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TOKYO, July 1 : Japan's top currency diplomat said the country's intervention in the currency market two months ago to support the yen had been effective, and that some U.S. officials had been "supportive" of the move, Bloomberg News reported on Wednesday."Judging from how the market moved afterward, I think it clearly had meaning," Atsushi Mimura, vice finance minister for international affairs, said in an interview with Bloomberg.Mimura said he was unaware of any comments from U.S. authorities expressing disagreement with Japan's intervention, and that "if anything, there have actually been comments that were more supportive," according to the report.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST