In Tokyo FX trading on June 3 the yen weakened to about 160 per USD. On April 30 the yen hit a low of 160.7 per USD; to curb the decline the Japanese government and the BOJ intervened in the FX market, buying yen and selling dollars, and the governme

2026-06-03

In Tokyo FX trading on June 3 the yen weakened to about 160 per USD. On April 30 the yen hit a low of 160.7 per USD; to curb the decline the Japanese government and the BOJ intervened in the FX market, buying yen and selling dollars, and the government carried out further intervention during May Golden Week. Those actions briefly lifted the yen to around 155 per USD, but the currency has since resumed weakening.