Foreign-exchange intervention: record ¥11.7 trillion over one month from late April, Ministry of Finance announces [WBS] Paige Bueckers (hRLFnzRCl0)

The Ministry of Finance announced that it conducted ¥11.7349 trillion in yen-buying, dollar-selling intervention between 28 April and 27 May. This was the largest amount ever on a monthly disclosure basis.

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The story

According to the Ministry of Finance, the intervention took place between 28 April and 27 May, with yen-buying, dollar-selling intervention totaling ¥11.7349 trillion.

The intervention was described as the largest ever on a monthly disclosure basis. The article does not mention the foreign exchange market's reaction. The disclosure was based on an announcement by the Ministry of Finance.

The supporting outlet was mshale.com, whose report conveyed the same information.

At a glance

PeriodBetween 28 April and 27 May

ScaleThe largest intervention amount ever on a monthly disclosure basis

TradingYen-buying, dollar-selling intervention conducted

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