Japan and US joint foreign exchange intervention to support the yen
Japan's Ministry of Finance and the US Treasury officially confirmed on 3 August 2026 the joint yen buying intervention carried out on Friday 31 July 2026. It was the first coordinated action by the two countries since 2011 and came with the yen near a 40 year low. The dollar index is among the variables affecting the world gold price and, through it, Iran's gold and currency markets.
Recorded figures
- Status
- confirmed by Japan MoF and US Treasury
- Rate
- 157.70 yen per dollar after the Japanese Finance Ministry statement
- Previous
- near 164 yen per dollar, a 40 year high in late July 2026
As of Aug 3, 2026
Sources
Japan's Ministry of Finance and the US Treasury confirmed the joint yen-buying intervention conducted on Friday 31 July 2026, the first coordinated action since 2011.
Cited Aug 3, 2026
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