Japan has spent close to $100 billion intervening on four occasions in 2024 to prop up the yen. That’s an extraordinary amount for a country that historically has been criticized by trading ...

Japan likely stepped into the currency market for a second straight day on Friday as it continued its battle to prop up the yen and keep speculators on the back foot. Tokyo’s latest market entry ...

Japan has signalled it may intervene to prop up the yen after the currency fell to a 38-year low against the US dollar. Japanese Finance Minister Shunichi Suzuki said on Thursday that authorities ...

The Japanese government intervened in the foreign exchange market twice during the third quarter, spending a combined ¥5.54 trillion ($36.4 billion) to support the yen, reports Bloomberg.

So was the $170bn bid to prop up the yen a waste of money? No, says Mr Kanda and points out that his interventions actually made a profit although he emphasises that it was never a goal.

While some analysts bet Washington will pressure Tokyo to help prop up the yen, Japan sees little scope for direct action such as currency intervention or an immediate interest rate hike by the ...

Beyond this, all "efforts by officials in Tokyo to prop up the yen so far have fallen flat." Japan has said it will take the required actions to stop the yen's bleeding. It is "desirable for ...

Last year, Japan spent tens of billions of dollars intervening in the foreign exchange market to prop up the yen. But the currency is still weak and spending still feeble, prompting fresh debate ...

The bilateral trade negotiations this week will likely include the thorny topic of currency policy, with some officials privately bracing for Washington to call on Tokyo to prop up the yen.

Asked about Trump’s comment on Friday night, Kuroda told a Japanese television interviewer there were limits to what Japan could do to prop up the yen if the dollar were to rise on prospects of ...

TOKYO (Reuters) - Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy, former Bank of Japan ...