US and Japan intervene in currency market to help halt yen's fall | TheStarTV.com

US and Japan intervene in currency market to help halt yen's fall

Published on 3 Aug 2026 2:48:48 PM

Both the United States and Japan conducted a coordinated Japanese yen-buying intervention on July 31 and will not hesitate to take further action, said the governments confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.

The joint intervention is the first since 2011's action after the devastating earthquake in eastern Japan.

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news, thestartv, the star, yen buying, intervention, japanese yen, slide, fall, usa, america, donald trump, japan, economy, market, satsuki katayama, scott bessent

Both the United States and Japan conducted a coordinated Japanese yen-buying intervention on July 31 and will not hesitate to take further action, said the governments confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.

The joint intervention is the first since 2011's action after the devastating earthquake in eastern Japan.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, yen buying, intervention, japanese yen, slide, fall, usa, america, donald trump, japan, economy, market, satsuki katayama, scott bessent

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