Home
›
Politics
›
Yen hits three-month high after Trump helps prop up currency
Politics
Yen hits three-month high after Trump helps prop up currency
The Guardian Business
Monday 03 August 2026, 08:02 UTC
By Graeme Wearden
1 min read
Key Points
US and Japanese governments confirm they carried out a rare joint intervention late last weekWhy has Trump stepped in to prop up Japan’s currency?Business live – latest updatesThe yen has hit its highest level in three months after Washington and Tokyo launched a combined operation to support the Japanese currency. The yen strengthened to ¥155 to the US dollar on Monday, its highest level since early May, as the two governments confirmed they had carried out a rare joint currency...
US and Japanese governments confirm they carried out a rare joint intervention late last week
The yen has hit its highest level in three months after Washington and Tokyo launched a combined operation to support the Japanese currency.
The yen strengthened to ¥155 to the US dollar on Monday, its highest level since early May, as the two governments confirmed they had carried out a rare joint currency intervention late last week.
Continue reading...
Originally published by The Guardian Business
Read original →