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

Japan's forex intervention hits record ¥2.84 tril to stem yen fall

Japan's currency intervention last week cost 2.84 trillion yen, the largest-ever amount spent to stem the yen's sharp slide against the U.S. dollar, Finance Ministry data showed Friday. The yen-buying, dollar-selling operation, Japan's first since 1998, was carried out on Sept. 22, shortly after the Japanese currency plunged past the…

Japan's forex intervention hits record 2.84 tril. yen to stem yen fall

Japan's currency intervention last week cost 2.84 trillion yen ($19 billion), the largest-ever amount spent to stem the yen's sharp slide against the U.S. dollar, Finance Ministry data shows.

Japan spent record $19 billion in intervention to stop yen plunge - The Mainichi

TOKYO (Kyodo) -- Japan's currency intervention last week cost 2.84 trillion yen ($19 billion), the largest-ever amount spent to stem the yen's sharp s

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

Despite an initial gain of more than 3.5% in the yen against the dollar, the surprise move hasn’t reversed the currency’s weakening trend.

Japan Spent Record Of Nearly $20.0 Billion On Intervention To Support The Yen

Japan spent up a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up the yen, Ministry of Finance data showed on Friday, draining nearly 15% of funds it has readily available for intervention.