Yen Intervention Watch

The 2026 Yen Intervention Timeline

Key events from peak weakness to renewed volatility, Jul 30 – Aug 22, 2026

Jul 30

163.7 yen

40-year low vs. dollar

Jul 31

Joint intervention

US & Japan buy yen; rate falls to 157.3

Aug 3

FIMA repo confirmed

Japan used Fed's repo facility

Aug 6

WSJ flags side effect

Intervention adds dollar liquidity

Aug 14

Yen weakens again

Won/yen hits 2-year low

Aug 22

Carry-unwind warning

Korea Institute of Finance report