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The Japanese government and the Bank of Japan bought yen and sold dollars on April 30, a government official confirmed to Nikkei. The move briefly pushed the yen from 160 to 155 per dollar after Finance Minister Katayama had warned about the currency's weakness.
Intervention near the 160 level caps yen weakness and can reduce the dollar's safe-haven pull. That eases pressure on dollar-priced feed imports into Japan.
asia.nikkei.comNikkei staff writersMay 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
