Japan, US confirm joint yen-buying intervention, signal more action
- East Asia The rare joint intervention – the first since 2011 - aimed to prevent a selloff in the yen and Japanese government bonds from causing global spillovers.
- A man walks past an electronic screen displaying a graph showing the current and recent Japanese Yen exchange rate against the US dollar after Japan and the United States conducted coordinated yen-buying intervention, in Tokyo, Japan, on Aug 3, 2026.
- (Photo: Reuters/Issei Kato) 03 Aug 2026 07:56PM (Updated: 03 Aug 2026 08:03PM) TOKYO: Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to t
Confirmed
- East Asia The rare joint intervention – the first since 2011 - aimed to prevent a selloff in the yen and Japanese government bonds from causing global spillovers.
- A man walks past an electronic screen displaying a graph showing the current and recent Japanese Yen exchange rate against the US dollar after Japan and the United States conducted coordinated yen-buying intervention, in Tokyo, Japan, on Aug 3, 2026.
- (Photo: Reuters/Issei Kato) 03 Aug 2026 07:56PM (Updated: 03 Aug 2026 08:03PM) TOKYO: Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to t
Sources: Al Jazeera, CNA