Japan may have spent $35 billion in yen-buying intervention, BOJ data shows - Reuters

<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxNN1o3ZUN1bkdKRDhsZmVfa0tZbGZzdVRMWWxXRDI4R0pHTnNuZGxUY1hIUHlNZDdMRDFfbjFMZ1lLSlVDVmd3YjgwZC1rM1FCdEpWQlVRaExwLWNoTHV5R3o0VHFGZUs2LWxfN2VuLVVpcmtkMFRld1QyaUhWNmlHeDFjVnl4eWltNnM4Z20tSXdzWk9fRGJpbGZkSkhaTzV3aDlIcFNUQ2VtcG0xcWJudXhhQUxub1dSSTk5N0hUOTNuUkU?oc=5" target="_blank">Japan may have spent $35 billion in yen-buying intervention, BOJ data shows</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Japan may have spent as much as 5.48 trillion yen ($35 billion) to bolster its currency, following reports of intervention to arrest a sharp selloff in the yen.

Japan likely spent around $34.5 billion in its first currency intervention since July 2024 to prop up the yen, according to a Bloomberg analysis of central bank accounts.

Japan may have spent as much as 5.48 trillion yen ($35 billion) to bolster its currency, following reports of intervention to arrest a sharp selloff in the yen.

Japanese authorities likely spent approximately $34.5 billion on Thursday to support the yen, according to a Bloomberg analysis comparing Bank of Japan accounts with money broker forecasts.

The Japanese government and the Bank of Japan are believed to have conducted a yen-buying, dollar-selling market intervention on Thursday night, with the amount estimated at around 5-6 trillion yen.