PREVIEW

... , the Ministry of Finance and the U.S. Treasury jointly established the "RB USD/JPY Committee", through which the U.S. submitted several reports to Japan, provided comprehensive consultation, and guided the specific operation of financial opening.

And this committee ultimately helped Japan promote the internationalization of the yen.

With the signing of the JPY/USD agreement, the Japanese financial market has opened up, mainly including interest rate liberalization, allowing foreig ...

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