The US Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $642.6 million on Friday.
According to Jinse Finance, on June 27, the US Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Friday reached $642.6 million, compared to $571.8 million in the previous trading day.
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The 160 Threshold Under Threat Again! Yen Nears "Intervention Red Line," Tokyo May Spend Money Again to Rescue the Currency
The Japanese yen is approaching the 1 USD = 160 JPY level. Atsushi Mimura commented that the movement is "too fast." The US-Japan interest rate gap may widen further, and Japanese officials have hinted at being ready to intervene again.
