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Japan Ministry Purchases ¥5.5 trn Yen Amid 155.7 Spike

5/4/2026

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Summary

Story summary

The yen surged to 155.69 per dollar before easing to 157.12, prompting fresh talk of market intervention.
Tokyo sources said the finance ministry bought yen for the first time in two years, possibly spending about 5.48 trillion yen ($35 billion).
Officials declined to comment on any possible intervention despite the currency swing.

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Story summary

The yen surged to 155.69 per dollar before easing to 157.12, prompting fresh talk of market intervention.
Tokyo sources said the finance ministry bought yen for the first time in two years, possibly spending about 5.48 trillion yen ($35 billion).
Officials declined to comment on any possible intervention despite the currency swing.