Japanese Yen Surges 2% Amid Strongest Intervention Warnings from Officials
The Japanese yen surged 2% against the U.S. dollar on April 30, 2026, following strong warnings from Japanese officials about potential currency intervention. The dollar fell to 156.985 yen, marking its largest one-day drop since August 2025. Finance Minister Satsuki Katayama indicated that decisive action to support the yen is imminent.
Topics: currency intervention dollar decline Japanese finance minister yen surge