Japan and U.S. conduct joint currency intervention to support the yen
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Japanese Ministry of Finance, U.S. Treasury Department
New York, Tokyo
July 31, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/1/2026, 5:50:34 AM
The Japanese yen surged to the 157 level against the dollar following joint intervention by Japanese and U.S. authorities. U.S. Treasury Secretary Scott Bessent's notes indicated planned purchases of $5-10 billion in yen. This marks the first joint currency intervention between Tokyo and Washington in nearly 30 years.
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