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Did Japan Intervene to Prop Up the Yen? How We Might Know
Japan has spent close to $100 billion intervening on four occasions in 2024 to prop up the yen. That’s an extraordinary amount for a country that historically has been criticized by trading ...
BOJ may raise rates twice more this year, underpin yen, says ex-FX diplomat Watanabe
The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help ...
THE WEEK7mon
The precipitous fall of the Japanese yen
Beyond this, all "efforts by officials in Tokyo to prop up the yen so far have fallen flat." Japan has said it will take the required actions to stop the yen's bleeding. It is "desirable for ...
朝日新聞社6mon
‘Mr. Yen of Reiwa Era’ drew line in the sand with speculators
An additional 3.87 trillion yen was spent on May 1 to prop up the yen. “If we allow speculators to overwhelm our intervention, they will gloat over their victory and see no need to be afraid of ...
朝日新聞社2y
Yen hits 32-year low against dollar; pain rises for consumers
The yen fell to a 32-year low against the dollar in New York on Oct. 13, prompting expectations among investors of another intervention by Japan to prop up its currency. At one point, the dollar ...