Bank of Japan money market data suggests the central bank likely intervened in the foreign exchange market on Thursday. The data points to potential official action to influence the yen's value.
Bank of Japan money market data indicates that the central bank likely intervened in the foreign exchange market on Thursday.
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Bank of Japan money market data indicates that the central bank likely intervened in the foreign exchange market on Thursday.
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Japan likely spent about $34.5 billion Thursday in its first yen-buying intervention since July 2024, according to a Bloomberg analysis.
Japan likely spent around $34.5 billion Thursday in its first currency intervention to prop up the yen since July 2024, according to a Bloomberg analysis.
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