30-May-2026
Economy News
 
Japan Spent $73 Billion in Yen-Buying Intervention, Ministry Data Shows
30-May-2026

Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in foreign exchange markets over the past month to support the yen, but with only limited effect as the currency hovers near the same levels that prompted Tokyo to act. Ministry of Finance data released on Friday confirmed traders' suspicions that officials entered the market at the turn of the month, likely on multiple occasions during Japan's Golden Week holidays, when market liquidity was thin.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/japan-spent-73-billion-in-yen-buying-intervention-ministry-data-shows