International Economic

Yen surges after Japan and US launch rare joint intervention

By Iain Gilbert

Date: Monday 03 Aug 2026

(Sharecast News) - Japan and the United States confirmed a rare coordinated intervention to support the yen after the currency hit 40‑year lows, with Tokyo signalling it was prepared to act again if needed.
Japan's Ministry of Finance said Friday's joint move with the US Treasury was aimed at countering "excessive...

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