The Japanese carried out a brutal intervention.
Japan is believed to have intervened in the foreign exchange market to the tune of approximately $53 billion to strengthen the yen, according to a Bloomberg analysis based on central bank data. This sum could be the largest single-day Japanese foreign exchange intervention ever.
Japan is believed to have intervened in the foreign exchange market for approximately $53 billion to strengthen the yen, according to a Bloomberg analysis based on central bank data. This amount could be the largest single-day Japanese foreign exchange intervention ever.
