From TokenPost · · 40s
Japan Yen Interventions Total ¥15.4 Trillion
Japan's three summer yen interventions total ¥15.4 trillion, with the largest on July 30.
In brief
Japan's three summer yen interventions total ¥15.4 trillion, with the largest on July 30. Japan intervened in currency markets three times this summer, totaling ¥15.4 trillion to support the yen. Originally reported by TokenPost.
Japan's Yen Interventions
Japan said it intervened in currency markets three times this summer to support the yen, including one operation with the United States.
Total Intervention Value
Separate figures from Japan’s Ministry of Finance show the three purchases totaled ¥15.4 trillion.
Largest Intervention
The largest purchase was ¥7.98 trillion on July 30, equivalent to about $50.4 billion.
The key point
Japan intervened in currency markets three times this summer, totaling ¥15.4 trillion to support the yen.
