Japan Spends Record 15.3 T. Yen in July-Aug. Forex Interventions
Tokyo, Aug. 28 (Jiji Press)--Japanese authorities spent 15,399.3 billion yen in foreign exchange market interventions from July 30 to Wednesday, the Finance Ministry said Friday. The figure marked the largest-ever monthly amount spent on yen-buying, dollar-selling interventions. The Japanese government and the Bank of Japan conducted the interventions to curb the historic weakening of th...
We haven't written up this one. Nippon.com News has the full story — the link below goes straight to it.