SENSEX
NIFTY
GOLD
USD/INR

Weather

image 24    C

Business News

The Economic Times

Business / The Economic Times

details

US Stock Market | Fed rate checks on dollaryen spark intervention speculation

The US Federal Reserve sought market quotes on the dollar-yen exchange rate last month. This uncommon step, requested by the US Treasury, stirred speculation about potential coordinated action between Washington and Tokyo. The development drew attention in currency markets. The move contributed to a strengthening of the Japanese yen against the dollar.

19 Feb 2026 9:20 am