TOKYO - Japan's government and the Bank of Japan conducted a record 6.2787 trillion yen yen-buying, dollar-selling intervention on April 30, the Finance Ministry said on August 7.
The operation was the largest yen-buying intervention ever carried out in a single day.
Authorities also intervened on May 4 and May 6, spending a combined total of more than 5 trillion yen on additional yen-buying operations.
The moves came as the yen continued to weaken against the dollar, with authorities believed to have sought to curb the currency's decline during Japan's extended holiday period, when fewer market participants were active.
Source: テレ東BIZ















