The Hindu·3 min read·medium
Japan confirms joint yen intervention with U.S., signals readiness for more action
R
Reuters
✦AI Summary
Japan and the United States have conducted a rare joint intervention in the currency market to stabilize the yen after it hit 40-year lows. Both nations signaled their commitment to further coordinated actions to prevent excessive volatility and protect the global economy.
Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s Finance Ministry said on Monday (August 3, 2026), confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows.
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