The United States used euros to support the Japanese yen, amounting to approximately 500 million US dollars

The New York Federal Reserve report confirms that the U.S. Treasury used approximately 500 million euros equivalent during the coordinated intervention in the foreign exchange market with Japan on July 31. The New York Federal Reserve purchased 79.4 billion yen and sold euros from the "Exchange Rate Stability Fund."

This action aimed to address the disorderly fluctuations of the yen exchange rate. The Federal Reserve did not participate in this intervention.