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Japan Vows Close U.S. Treasury FX Coordination as Yen Slumps

9/8/2026

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Story summary
  • Finance Minister Satsuki Katayama said Japan will keep close communication with the U.S. Treasury to ensure orderly FX markets.
  • The yen fell to 154.05 per dollar on September 7, its lowest since February.
  • On September 8 the yen traded around 153.58 per dollar, its strongest level since February.
  • Katayama affirmed Japan’s policy stance has not changed since the late-July coordinated intervention with the United States.