Japan’s top foreign exchange official says an earlier intervention to support the yen has been effective. The official stated that Japan’s FX intervention carried out about two months ago achieved the intended impact, according to two reports. The yen has been trading near a four-decade low, adding pressure on policymakers as market moves continue to reflect the currency’s weakness. The official also said some U.S. authorities expressed support, suggesting coordination or at least alignment between parts of the two governments on Japan’s approach to FX stability. Both outlets report that the remarks came as Japan evaluates how to respond to ongoing yen depreciation. While the statements indicate that past intervention influenced conditions in the foreign exchange market, the reports do not provide detailed figures on the scale of the intervention or quantify the magnitude of its effect. The commentary therefore centers on the official’s assessment of prior actions rather than on new intervention steps.