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[Breaking News]Japan, U.S. intervene in currency market to strengthen yen

TOKYO, Japan, Aug. 3 Kyodo - Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency. (Kyodo)

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Japan, U.S. intervene in currency market to strengthen yen

A financial data monitor in Tokyo shows the U.S. dollar plunging to the lower 155 yen zone on the morning of Aug. 3, 2026, after Japan and the United States conducted a coordinated yen-buying intervention in the currency market to strengthen the Japanese currency.

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CORRECTED: Japan, U.S. intervene in currency market to strengthen yen

Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

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CORRECTED: Japan, U.S. intervene in currency market to stem yen's fall

Japanese Finance Minister Satsuki Katayama (C) speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

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CORRECTED: Japan, U.S. intervene in currency market to strengthen yen

Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

E

CORRECTED: Japan, U.S. intervene in currency market to strengthen yen

Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

E

CORRECTED: Japan, U.S. intervene in currency market to strengthen yen

Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

E

CORRECTED: Japan, U.S. intervene in currency market to strengthen yen

Japanese Finance Minister Satsuki Katayama speaks to reporters at the Finance Ministry in Tokyo on Aug. 3, 2026, commenting on a coordinated yen-buying intervention by Japan and the United States in the currency market to strengthen the Japanese currency.

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Top currency official meets press after intervention

Japanese Vice Finance Minister for International Affairs Atsushi Mimura meets the press in Tokyo on May 1, 2026, a day after Japanese authorities intervened in the currency market to arrest the yen's further fall after it weakened to around 160 to the dollar.

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Japan's intervention to stem yen's fall vs. dollar

A monitor at a currency trading company in Tokyo on May 1, 2026, shows a graph of dollar/yen exchange rate movements, including the dollar's sudden plunge on April 30. Japanese authorities intervened in the currency market that day to stem the dollar's surge to the upper 160 yen range, government sources said.

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Japan's intervention to stem yen's fall vs. dollar

A monitor at a currency trading company in Tokyo on May 1, 2026, shows a graph of dollar/yen exchange rate movements, including the dollar's sudden plunge on April 30. Japanese authorities intervened in the currency market that day to stem the dollar's surge to the upper 160 yen range, government sources said.

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Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Finance minister's comments on currency market

Japanese Finance Minister Satsuki Katayama meets the press in Tokyo on April 30, 2026, hinting at stepping into the currency market to arrest the dollar's further rise against the yen as the U.S. currency spurted to the mid-160 yen level earlier in the day.

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Dollar tumbles to 156 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 156 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Currency Trading Begins In Idlib - Syria

Old Syrian banknotes sit on a counter at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An exterior view shows a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 500-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of old Syrian banknotes are stacked on the floor of a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 50-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

A view shows an old Syrian 500-pound banknote (top) placed next to a newly issued one (bottom) at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Customers stand at counters at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a fan of newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts old 2,000-pound Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 25-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts stacks of 500-pound Syrian banknotes at an exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 100-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 10-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee arranges newly issued Syrian banknotes on a counter while customers stand behind a glass barrier at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 200-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of newly issued 100-pound Syrian banknotes are seen at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Newly issued Syrian banknotes are arranged on a counter next to a calculator at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a fan of newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of old Syrian banknotes are stacked on the floor of a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts newly issued Syrian banknotes while customers stand behind a glass barrier at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee sits next to stacks of new Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A shopkeeper uses a digital tablet behind the counter inside a store at the Neyshabur Gold Market in Neyshabur, Iran, on December 31, 2025. The Iranian Rial has fallen to record lows against the US dollar, leading many citizens to invest in gold as a safe asset to protect their savings from high inflation. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

Two women look at gold jewelry displayed in a shop window while people walk nearby on a street in Neyshabur, Iran, on December 31, 2025. The Iranian Rial has fallen to record lows against the US dollar, leading many citizens to invest in gold as a safe asset to protect their savings from high inflation. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A customer points to a piece of gold jewelry through the shop window to guide the shopkeeper inside at the Neyshabur Gold Market in Neyshabur, Iran, on December 31, 2025. The Iranian Rial has fallen to record lows against the US dollar, leading many citizens to invest in gold as a safe asset to protect their savings from high inflation. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A shopkeeper counts Iranian Rial banknotes at his store in the Historic Traditional Bazaar of Neyshabur in Neyshabur, Iran, on December 31, 2025. Iran has grappled with persistent high inflation and a sharp depreciation of the national currency, the Rial, due to the cumulative effects of international sanctions and domestic economic instability. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A shopkeeper checks his mobile phone inside a jewelry store at the Neyshabur Gold Market in Neyshabur, Iran, on December 31, 2025. The Iranian Rial has fallen to record lows against the US dollar, leading many citizens to invest in gold as a safe asset to protect their savings from high inflation. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A collection of Iranian banknotes of different denominations is displayed in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

A view shows gold jewelry displayed in a shop window at the Neyshabur Gold Market in Neyshabur, Iran, on December 31, 2025. The Iranian Rial has fallen to record lows against the US dollar, leading many citizens to invest in gold as a safe asset to protect their savings from high inflation. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

An Iranian banknote worth a fraction of a US dollar is displayed in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

An Iranian banknote worth a fraction of a US dollar is displayed in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

An Iranian banknote worth a fraction of a US dollar is displayed in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

E

Illustration - Iranian Rial vs US Dollar A Currency in Crisis

An Iranian banknote worth a fraction of a US dollar is displayed in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM

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Illustration - Iranian Rial vs US Dollar A Currency in Crisis

An Iranian 5,000-toman banknote is displayed on a surface in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges. Photo by Morteza Aminoroayayi/Middle East Images/ABACAPRESS.COM