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Japan's record yen intervention called a success, but the yen tells a different story
Japan spent $73 billion buying yen between April and May 2026. Top official Atsushi Mimura calls it a success. The yen is still near 160 against the dollar.
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cryptobriefing.com
Japanese yen weakens past ¥162, fuels speculation of intervention
The Japanese yen weakened past ¥162 per dollar for the first time since 1986, reigniting speculation about currency intervention after Japan spent $72.5B
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Japan's record yen intervention called a success, but the yen tells a different story
Japan spent $73 billion buying yen between April and May 2026. Top official Atsushi Mimura calls it a success. The yen is still near 160 against the dollar.
