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MNI BRIEF: Japan Conducts JPY9.8 Trln Intervention - MOF Data

(MNI) Tokyo
(MNI) TOKYO

Yen-buying intervention the first since October 2022.

Japanese authorities conducted yen-buying interventions worth JPY9.7885 trillion from April 26 through May 29, data released by the Ministry of Finance showed on Friday.

The MOF didn’t identify the days when the authorities conducted the forex interventions. (See MNI POLICY: BOJ To Consider Soft Yen Price Impact, Hikes Delayed)

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Japanese authorities conducted yen-buying interventions worth JPY9.7885 trillion from April 26 through May 29, data released by the Ministry of Finance showed on Friday.

The MOF didn’t identify the days when the authorities conducted the forex interventions. (See MNI POLICY: BOJ To Consider Soft Yen Price Impact, Hikes Delayed)

Keep reading...Show less