U.S. Treasury's Yen Intervention Capacity Limited at $25.5B; Potential Firepower Could Reach $187B
According to JPMorgan Chase on August 3, the U.S. Treasury Department has limited liquidity resources to coordinate further currency intervention with Japan. As of June, the Treasury's Exchange Stabilization Fund held approximately $13 billion in euro-denominated assets and $25.5 billion in U.S.
JPM-0.51%
GateNews·08-03 00:07
