This year has seen two rounds of currency support measures totaling a record $170bn
This year has seen two rounds of currency support measures totaling a record $170bn
The growing scale of currency interventions highlights the challenge governments face in influencing exchange rates amid rising cross-border capital flows. (Photo by Hazumu Urushiyama)
TOKYO -- Japan's currency authority spent a record 15.39 trillion yen ($96.5bn) to support its currency between July 30 and Aug. 26, Ministry of Finance data showed Friday, the largest amount in a single intervention round.
Japan spent record $96.5 billion to support yen over past month, ministry data shows
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This year has seen two rounds of currency support measures totaling a record $170bn
Japan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp…
TOKYO, Aug 28 : Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets…
Yen sheds most gains, however, as selling pressure persists
Tokyo, Aug. 28 (Jiji Press)--Japanese authorities spent 15,399.3 billion yen in foreign exchange market interventions from July…
Japan spent a record 15.4 trillion yen on foreign exchange intervention last month, surpassing its previous single-month…
