Japan Used Record $73.6 Billion to Support Yen in Past Month

Japan used the equivalent of a record ¥11.73 trillion ($73.6 billion) over the past month to support the yen after the currency slid past 160 per dollar, according to Finance...

By Erica Yokoyama, Mia Glass, Masahiro Hidaka · Bloomberg Markets

Japan used the equivalent of a record ¥11.73 trillion ($73.6 billion) over the past month to support the yen after the currency slid past 160 per dollar, according to Finance Ministry data confirming the government’s first market intervention since 2024.