# US Treasury buys $497m yen in July forex intervention

> US Treasury bought $497m yen during joint July forex intervention with Japan.
- Title: US Treasury buys $497m yen in July forex intervention
- Summary: US Treasury bought $497m yen during joint July forex intervention with Japan. US Treasury purchased 79.4 billion yen ($497 million) in a coordinated…
- Keywords: us treasury, japan finance ministry, us treasury secretary, yen, foreign exchange market, forex intervention, Nikkei Asia
- Source: Nikkei Asia — https://asia.nikkei.com/business/markets/currencies/us-treasury-bought-nearly-500mn-in-yen-during-joint-july-forex-intervention
- Published: 2026-11-13T21:24:12+00:00
- Read time: 1 min
- Topics: us treasury, japan finance ministry, us treasury secretary, yen, foreign exchange market, forex intervention, news, business, world
## US Treasury intervention
US Treasury bought 79.4 billion yen ($497 million) in coordinated intervention with Japan to stop yen sell-off.
## July 31 forex action
Federal Reserve Bank of New York confirmed US Treasury bought 79.4 billion yen during joint intervention.
## Finance minister and treasury secretary
Japanese Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent worked together to stop yen sell-off.
## Key takeaway

US Treasury purchased 79.4 billion yen ($497 million) in a coordinated intervention with Japan to stop yen sell-off.