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Tokyo Official Advocates Strong Yen, Opposes Selling Treasuries

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A Japanese policymaker has expressed a desire for a stronger yen, emphasizing that Tokyo should refrain from selling U.S. Treasury bonds. The official underscored the importance of a robust yen for the nation’s economic stability while highlighting concerns about the potential ramifications of liquidating U.S. Treasury holdings. The policymaker’s comments reflect ongoing discussions within Japan regarding currency management and foreign asset strategies, as the country navigates economic challenges and global market dynamics.

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