The Ministry of Finance announced that foreign exchange intervention totaled ¥15.3993 trillion over the past approximately one month. This brought the total intervention for the year to ¥27.1 trillion, a new record high.
Foreign exchange intervention conducted by the government and the Bank of Japan from the end of July through August totaled ¥15.3993 trillion. The period refers to the most recent approximately one-month period.
Total foreign exchange intervention this year reached ¥27.1 trillion, reportedly the highest level on record.
Coordinated intervention by Japan and the United States was also carried out, but some analyses indicate that half of its yen appreciation effect has faded.