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Japan spent record 15.4 tril. yen in July-Aug. to stem yen's slide

TOKYO (Kyodo) -- Japan spent a record 15.4 trillion yen ($96 billion) over the past month in yen-buying operations to stem its home currency's slide i

  • Japan spent 15.4 trillion yen in July-August to stabilize the yen.
  • Record intervention surpassed previous 11.73 trillion yen in April-May.
  • Joint effort with U.S. authorities on July 31 during New York trading.

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