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Japan's April yen intervention set daily record, with potential spending of up to US$58.97 billion
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Japan's yen intervention in April set a daily record, with the government potentially spending up to US$58.97 billion on July 30 and US$36.58 billion the following day to support the currency. The intervention temporarily lifted the yen from a near two-year low of 160.725 per dollar to around 155 by May 6, but did not reverse the currency's broader downward trend. The article, published by The Business Times on August 7, 2026, highlights the ongoing pressure on the yen despite record intervention efforts.
Source report
Japan may have spent as much as US$58.97 billion on July 30 and US$36.58 billion the following day propping up the yen.
The intervention helped lift the yen from a near two-year low of 160.725 per dollar to around 155 by May 6, but did not reverse the currency's broader downward trend.
Source
The Business TimesRegional
Part of this Story
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