Japan Conducts Currency Intervention in Response to Yen Decline - Reports

NAMPA / Sputnik

2026-05-01

TOKYO, May 1 (RIA Novosti) - The government and the Bank of Japan, the country's central bank, carried out a currency intervention to stem the yen's decline, the Kyodo news agency reported on Friday, citing government sources. This is the first currency intervention since July 2024, when the national currency's exchange rate, just as it did on Thursday, reached 160 yen per dollar, the report said. "I have no intention to comment on such matters,"......

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