Japan intervenes with over 6 trillion yen in yen-buying on April 30, a record daily amount
Digital FinanceMacro Impact 4
According to the Ministry of Finance's foreign exchange intervention results for the April–June quarter released on the 7th, the government and the Bank of Japan conducted yen-buying, dollar-selling intervention of 6.2787 trillion yen on April 30. This surpasses the 5.9185 trillion yen on April 29, 2024, to become the largest daily amount of intervention aimed at stemming yen weakness. In addition to April 30, intervention was also carried out on May 4 and 6.
