{"id":88055,"date":"2026-09-08T05:27:14","date_gmt":"2026-09-08T05:27:14","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/88055\/"},"modified":"2026-09-08T05:27:14","modified_gmt":"2026-09-08T05:27:14","slug":"japan-finance-minister-says-in-close-contact-with-u-s-on-fx-yen-strengthens-to-153-against-dollar","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/88055\/","title":{"rendered":"Japan Finance Minister Says in Close Contact With U.S. on FX; Yen Strengthens to 153 Against Dollar"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/09\/f0347c74-4b5d-487a-b99b-2ac9e6751f0b.webp\" alt=\"Photo: Shutterstock\" width=\"646\" role=\"presentation\" fetchpriority=\"high\"\/>Photo: Shutterstock<\/p>\n<p>Japan said it will remain in close contact with the U.S. Treasury over the yen\u2019s recent strength and work to ensure orderly moves in the foreign-exchange market.<\/p>\n<p>Bloomberg reported on September 8 that Japanese Finance Minister Satsuki Katayama told a news conference that Tokyo\u2019s position had not changed at all since the joint U.S.-Japan market intervention, citing comments made at an August 3 press conference in Japan and a Washington statement by U.S. Treasury Secretary Scott Bessent.<\/p>\n<p>She added that Japan will continue close communication with the U.S. Treasury and seek to ensure orderly movements in the foreign-exchange market.<\/p>\n<p>The yen has strengthened rapidly as expectations grow for another interest-rate increase by the Bank of Japan. In Tokyo foreign-exchange trading on the morning of September 8, the dollar traded at about 153.58 yen. That marked a sharp rise in the Japanese currency from around 160 yen a dollar just a week earlier. More recently, the yen has continued to strengthen past the 155-per-dollar level even without additional market intervention by authorities.<\/p>\n<p>Economic data released that day also reinforced expectations for a BOJ rate hike. Japan\u2019s second-quarter gross domestic product growth was revised up to an annualized 1.4%, while wage growth in July reached its highest level in about 30 years.<\/p>\n<p>About a month earlier, Japan injected 15.4 trillion yen, or about $101 billion, into the foreign-exchange market to support the yen. The U.S. also joined the effort at the time for the first time in 28 years. Even after the intervention, the dollar-yen rate stayed near 160 for a time, but the yen\u2019s rally has accelerated this month as bearish bets against the currency were rapidly unwound.<\/p>\n","protected":false},"excerpt":{"rendered":"Photo: Shutterstock Japan said it will remain in close contact with the U.S. Treasury over the yen\u2019s recent&hellip;\n","protected":false},"author":2,"featured_media":88056,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2670,2664,2674,2662,2663,2669,2668,2666,2665,2667,2673,2671,8,2672],"class_list":["post-88055","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-bitcoin","tag-bitcoincommunity","tag-blockchain","tag-bloomingbit","tag-coincommunity","tag-coininfo","tag-coininvest","tag-coinnews","tag-coinreview","tag-coinstats","tag-cryptocurrency","tag-ethereum","tag-japan","tag-solana"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/88055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=88055"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/88055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/88056"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=88055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=88055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=88055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}