# US and Japan take rare joint action in currency market to prevent yen hitting 40-year low

https://mins.news/en/item/12195

- BBC Chinese, 2026-08-03 03:46 UTC
- Economy
- Original: https://www.bbc.com/zhongwen/articles/cj4kykyvnlko/trad?at_medium=RSS&at_campaign=rss

> The United States and Japan have unusually joined forces to intervene in the foreign-exchange market. Their stated aim is to prevent the Japanese yen from falling to a 40-year low. Both countries say they would not hesitate to carry out another coordinated intervention if necessary in the future.

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