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Published 1 year ago

Japan spent ¥2.84 trillion in September intervention to prop up yen

Summary by Ground News
Japan spent a likely record daily amount to prop up the yen last week. The Finance Ministry disclosed Friday that it spent $19.7 billion to slow the yen's slide. It was its first intervention to support the currency since 1998. Private analysts had estimated the intervention at up to $3.6 trillion.

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