Japan spent nearly ¥10 trillion on yen-tervention in the past four weeks

  • The Japan MOF confirms that they have intervened to prop up the yen in the period between 26 April to 29 May

The total spent was ¥9.8 trillion (or to be more exact ¥9,788.5 billion). The two big moments that they likely stepped in during that period was on 29 April and in the late hours of 1 May or one can say early hours of 2 May in Tokyo. So, this just confirms the amount that was thrown into the mix to defend the yen.

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