Japanese Yen Hovers Near 158 Level Amid Lingering Intervention Concerns
Currencies
Further BoJ rate‑hike possibilities weigh on markets, prompting cautious moves
U.S. Treasury Secretary Scott Bessent praised Japan’s recent actions to curb an undervalued yen earlier this year (photo credit: Akira Kodaka).
YOSHIKAZU IMAHORI
September 3, 2026 03:21 JST
NEW YORK — The yen rallied early Wednesday, reaching near 158.20 versus the dollar even as heightened uncertainty over possible additional central‑bank intervention kept price swings volatile.
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