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Add as a preferred source on GoogleJapan Details Three Summer Yen Interventions Totaling ¥15.4 Trillion
The Ministry of Finance put the July 30 purchase at ¥7.98 trillion, or about $50.4 billion. Japan said one operation was joint with the United States.
Japan said it intervened in currency markets three times this summer to support the yen, including one operation carried out jointly with the United States. Separate figures released by Japan’s Ministry of Finance put the three purchases at a combined ¥15.4 trillion.
The largest purchase was ¥7.98 trillion on July 30, equivalent to about $50.4 billion. The two other reported purchases were ¥5.55 trillion and ¥1.87 trillion.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.