The Federal Reserve's meeting minutes reveal "exchange rate checks," leading to a significant depreciation of the dollar

According to Jinshi News, the Federal Reserve's meeting minutes show that at the January meeting, Roberto Perli, the manager responsible for the Federal Reserve's financial market operations, pointed out that the trading department of the New York Fed conducted a "currency check" on the USD/JPY exchange rate, after which the dollar significantly depreciated. After the release of the meeting minutes, the USD/JPY briefly plummeted over 40 points, reaching a low of 154.33.