Yen surges to briefly touch low 158 level as intervention concerns linger

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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