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1 day ago · The finance ministry said it spent $62.25 billion from April 26 to May 29, marking a monthly record and its first currency intervention since Tokyo spent $59 billion to prop up the yen in 2022 ...
2 days ago · The yen gained 0.4% to 157 against the dollar as of 5 p.m. in Tokyo after dropping to a four-week low of 157.71 late Wednesday. Its move past from the closely watched mark of 157.52 underscored ...
1 day ago · Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that kept the currency from testing new ...
4 days ago · May 28, 2024 at 8:53 AM PDT. Listen. 1:48. The yen slumped to its weakest level in almost 16 years against the British pound, renewing concern over a currency depreciation that has dogged ...
4 days ago · The US dollar continues to look bullish against the Japanese yen but has stalled over the last few days. However, this isn’t the end of the trend, rather the market is taking a breath at the moment.
3 days ago · Banknotes of Japanese yen are seen in this illustration picture taken in September 2022. Japan must restore fiscal discipline to brace for rising interest rates, and to ensure market trust in the ...
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1 day ago · Japan spent nearly 9.8 trillion yen on currency intervention the past month, the Ministry of Finance said Friday, confirming it stepped into the foreign exchange market for the first time since 2022.
