Apr 29, 2024CORE
Japan Conducts ¥9.8 Trillion Yen-Buying Intervention
Japan's Ministry of Finance sold dollars and bought yen on April 29 and May 1, spending a total of 9.7885 trillion yen on foreign-exchange intervention.
Sources
- Foreign Exchange Intervention Operations (April – June 2024)Ministry of Finance, JapanENDataset
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OngoingEconomy · 2022
Japanese Yen Weakness and Monetary Policy Normalization
Tracks Japan's response to persistent yen weakness from its first yen-buying intervention in 24 years in 2022 through the Bank of Japan's exit from negative rates, successive rate hikes, large-scale interventions in 2024 and 2026, and the 2026 joint U.S.-Japan intervention and prospect of further tightening.
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