C
Originally published by Capital Business
📰 Read Full Article
business
May 7, 2026
8h ago

Japan likely spends 10tn yen on suspected currency intervention

Japan likely spends 10tn yen on suspected currency intervention

The latest estimate brings the total amount spent on suspected interventions in May and on April 30 to around 10 trillion yen. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Japan may have spent an additional 4 trillion yen (25.6 billion U.S. dollars) in suspected currency intervention this month, bringing the total to around 10 trillion yen spent to support the yen.

  • Total suspected spending on yen support is approximately 10 trillion yen.
  • The Bank of Japan data is cited for market estimates.
  • This follows a significant intervention on April 30, the first since July 2024.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement