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Japan spent record $96.5 billion to support yen over past month, ministry data shows
TOKYO, Aug 28 : Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the local currency, Finance Ministry data showed on Friday.The size of the intervention shows the level of Tokyo's resolve to pull the yen away from four
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cryptobriefing.com
Japan's government battles to support yen amid undervaluation concerns
Japan and the US coordinated a $59 billion yen-buying intervention, the first since 1998, as the currency hit a multi-decade low near 164 per
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Japan and US intervention slows yen's decline, faces long-term challenges
The US and Japan executed their first joint yen-buying intervention since 1998, spending up to $85B to slow the yen's decline to a 40-year low
