Japan spends 5.92-T yen in a single day

By Xinhua News Agency

Aug 13, 2024 12:12 am

TOKYO — Japan spent 5.92 trillion yen (about $41 billion) on April 29 to slow the currency's rapid fall against the US dollar, a record single-day yen-buying intervention, local media reported.

Quarterly data from the Finance Ministry showed the single-day record was followed by another 3.87 trillion yen two days later, marking the first time that official data confirmed dates and amounts of yen-buying, dollar-selling operations made between April and June, Kyodo News reported.

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