{"id":38509,"date":"2026-08-17T00:00:03","date_gmt":"2026-08-17T00:00:03","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=38509"},"modified":"2026-08-17T00:00:03","modified_gmt":"2026-08-17T00:00:03","slug":"a-new-plaza-accord-japans-battle-against-yen-bears-enters-new-phase","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=38509","title":{"rendered":"&#039;A new Plaza Accord?&#039; Japan&#039;s battle against yen bears enters new phase"},"content":{"rendered":"<p>U.S. Treasury Secretary Scott Bessent,\u00a0Japanese Finance Minister Satsuki Katayama and Prime Minister Sanae Takaichi seek to stabilize currency and bond markets that have outgrown unilateral action. (Nikkei montage\/Source photos by Reuters, Ken Suzuki and Akira Kodaka)\u00a0<\/p>\n<p>The Fed repo facility is one element in a broader campaign to strengthen the yen<\/p>\n<p>TOKYO &#8212; Japan&#039;s currency authority remains defiant despite the yen surrendering about half the gains it picked up against the dollar following a round of interventions that included a joint U.S.-Japan operation to support the currency on July 31, the first such tag-team effort in 28 years.<\/p>\n<p><em>Source: <a href='https:\/\/asia.nikkei.com\/business\/markets\/trading-asia\/a-new-plaza-accord-japan-s-battle-against-yen-bears-enters-new-phase' target='_blank'>Read the original article on asia.nikkei.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury Secretary Scott Bessent,\u00a0Japanese Finance Minister Satsuki Katayama and Prime Minister Sanae Takaichi seek to stabilize currency and bond markets that have outgrown unilateral action. (Nikkei montage\/Source photos by Reuters, Ken Suzuki and Akira Kodaka)\u00a0 The Fed repo facility is one element in a broader campaign to strengthen the yen TOKYO &#8212; Japan&#039;s currency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-38509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important","category-world-markets"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/38509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38509"}],"version-history":[{"count":0,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/38509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/38510"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}