
Japan spent record ¥11.73 trillion defending the yen in April-May, finance ministry data show
Japan's Ministry of Finance disclosed on Friday, May 29 that authorities spent a record ¥11.73 trillion (about $73.6 billion) on yen-buying intervention between April 28 and May 27 — the largest amount ever deployed in a month-long reporting period, according to the ministry's monthly foreign exchange intervention release. The previous record of ¥9.79 trillion was spent over tw



