At the end of July, Japan and the United States jointly conducted a yen-buying intervention. It is described as the first yen-buying intervention in 28 years.
A coordinated intervention is described as foreign-exchange intervention conducted jointly by 2 or more countries. Reports on this occasion said that Japan and the United States carried out a coordinated yen-buying intervention at the end of July.
The intervention is said to have been conducted to curb the yen's rapid decline, and it has been described as the first yen-buying intervention in 28 years.