East Asia

The rare joint intervention – the first since 2011 - aimed to prevent a selloff in the yen and Japanese government bonds from causing global spillovers.

A man walks past an electronic screen displaying a graph showing the current and recent Japanese Yen exchange rate against the US dollar after Japan and the United States conducted coordinated yen-buying intervention, in Tokyo, Japan, on Aug 3, 2026. (Photo: Reuters/Issei Kato)

03 Aug 2026 07:56PM

(Updated: 03 Aug 2026 08:03PM)