Japan's Finance Minister Katayama warns of decisive forex intervention as yen hits 40-year lows. What the $72B prior intervention and US coordination mean

The Japanese yen weakened past ¥162 per dollar for the first time since 1986, reigniting speculation about currency intervention after Japan spent $72.5B

The yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month…

The Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due to a significant interest rate gap.…

Japanese Finance Minister Satsuki Katayama said authorities were ready to respond appropriately at any time, without giving stronger signals. The sharp decline has fuelled growing…