Japanese and U.S. authorities intervene to stabilize the yen
Story essentials
Japanese and U.S. authorities
Tokyo, Japan
July 31, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/2/2026, 9:00:43 AM
Japanese and U.S. authorities are coordinating interventions to stem the yen's weakness. The yen surged to levels not seen since mid-May.
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Japan and U.S. conduct joint currency intervention to support the yen
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.