Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening ...
The finance ministry said it spent $62.25 billion from April 26 to May 29, marking a monthly record and its first currency intervention since Tokyo spent $59 billion to prop up the yen in 2022.
TOKYO: Japan must fix "any misunderstanding" held by US president Donald Trump that its central bank was intentionally ...
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 ...
An additional 3.87 trillion yen was spent on May 1 to prop up the yen. “If we allow speculators to overwhelm our intervention, they will gloat over their victory and see no need to be afraid of ...
The yen lost more than 20% against the dollar since the outset of 2022, prompting several rounds of intervention by Tokyo to prop up the currency in September and October that year. It kept ...
The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help prevent the yen from testing fresh lows, Japan's former top currency ...
Any attempt to prop up the yen through currency intervention is unlikely to succeed, as such operations are only effective in taming excessive market volatility, he said. "It's impossible to guide ...