TOKYO -- Japan and the United States have conducted a coordinated yen-buying intervention in the currency market, Finance Minister Satsuki Katayama said Monday, the first such move in 15 years.

Tokyo, July 31 (Jiji Press)--The Japanese government and the Bank of Japan carried out a yen-buying, dollar-selling market intervention for the first time in about three months on…

Coordination between Japan and the United States now appears to be the tightest in decades, fuelling one of the most notable rebounds since the yen began its years-long slide.