India, Aug. 3 -- The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid rumors that Japanese officials may have stepped in to support the currency once more following synchronized action between the U.S. and Japan last week.
Earlier today, Japan's Finance Minister Satsuki Katayama said that Japanese authorities coordinated a Yen-buying intervention with the United States (US) on Friday and that they would not think twice about engaging in additional foreign exchange intervention with Washington.
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