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US Treasury undertakes intervention in yen market, FT reports

US Treasury undertakes intervention in yen market, FT reports
Channel News Asia Saturday 01 August 2026, 00:28 UTC 1 min read
Key Points

US Treasury undertakes intervention in yen market, FT reports July 31 : The U.S. Treasury intervened in yen exchange rates on Friday to support the Japanese currency through outright purchases, the Financial Times reported, citing people familiar with the matter. The Federal Reserve Bank of New York conducted a sale of euros to buy yen on behalf of the Treasury, the report said.

US Treasury undertakes intervention in yen market, FT reports July 31 : The U.S. Treasury intervened in yen exchange rates on Friday to support the Japanese currency through outright purchases, the Financial Times reported, citing people familiar with the matter. The Federal Reserve Bank of New York conducted a sale of euros to buy yen on behalf of the Treasury, the report said. Source: Reuters
US Treasury (ORG) The U.S. Treasury (ORG) Japanese (ORG) the Financial Times (ORG) The Federal Reserve Bank (ORG) New York (LOCATION) Treasury (ORG)
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