US and Japan Conduct Rare Joint Intervention to Support Yen
The United States and Japan took coordinated action to strengthen the Japanese yen, signaling a willingness to intervene together again if needed.
On August 3, 2026, the United States and Japan jointly intervened in currency markets to support the Japanese yen in a rare coordinated move. Both governments indicated that they would not hesitate to carry out similar joint interventions in the future if necessary to stabilize the currency.
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BBC Business — US and Japan jointly intervene to prop up yen in rare moveTHE QUESTIONS THIS EVENT LEAVES BEHIND