Japan Buys More Than ¥27 Trillion This Year, but the Yen Struggles to Strengthen
Japan’s Finance Ministry says authorities bought ¥15.39 trillion in three currency market interventions from July to September 2026. The yen has traded largely at ¥157–158 per US dollar for more than a month, while high energy prices, the US–Japan interest rate gap and capital outflows continue to weigh on it.

