The United States has intervened in the currency market to purchase Japanese yen. This action is seen as a sign of support for Japan. The US president stated that the country is always there to help Japan, which has been experiencing a weakened yen.

The yen had fallen to its lowest level against the dollar in 40 years. Further details about this unusual intervention are available from KVIA ABC-7. The action was taken to bolster the yen, which has been affected by various economic factors, including increased energy costs.