Japan has highly likely intervened in the foreign exchange market to prop up the yen, former top currency diplomat Mitsuhiro Furusawa told Reuters on Tuesday. The yen jumped against.
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. "Amid no…
(Bloomberg) Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosZimbabwe’s ZiG Wipes Out 330% Stocks RallyApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020“Amid no change in US and Japan interest r