Japan confirms joint FX intervention with US, says won't hesitate for more
FILE PHOTO: Yen and U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
TOKYO, Aug 3 : Japan's Finance Ministry said it conducted coordinated yen-buying intervention with the United States on Friday to address recent "excessive volatility and disorderly movements" in the yen, adding it would not hesitate to take further action.
In a statement issued on Monday, Finance Minister Satsuki Katayama said the ministry "remains attentive and in close communication with counterparts at the U.S. Treasury".
Source: Reuters
