Japan conducts massive yen-buying intervention, Nikkei reports

FILE PHOTO: A Japanese yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

31 Jul 2026 04:53AM

TOKYO, July 31 : Japan conducted massive yen-buying, dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources.U.S. authorities also conducted so-called "rate checks," which are precursors for currency intervention, a sign Tokyo and Washington were working together to prevent yen declines, the paper said on Friday.

Source: Reuters

Japan conducts massive yen-buying intervention, Nikkei reports

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