Japan Intervened BIG TIME in One Month Period to Prop Up Yen

Posted on 11/02/2022

Japan’s Finance Ministry reported that the Japanese government spent 6.35 trillion yen ($42.3 billion) on currency intervention between September 29, 2022 and October 27, 2022. This is one of the largest sums to prop up the value of the Japanese yen over the course of a month in about three decades. The finance ministry began…

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