The yen-buying intervention conducted jointly by Japan and the United States on 31 July was disclosed at ¥79.4 billion, and materials from the U.S. Treasury and the New York Fed were reported as related information. The intervention is said to have been the first yen-buying intervention in 28 years since 1998.
Of the yen-buying intervention conducted jointly by Japan and the United States on 31 July, published U.S. Treasury materials revealed that the yen-buying amount was ¥79.4 billion. By contrast, Japan is said to have conducted a yen-buying intervention of approximately ¥5.5523 trillion on the same day.
The New York Fed's report on foreign exchange operations for the July-September quarter recorded the intervention amount, providing information that supports the fact of the coordinated Japan-U.S. intervention.
This yen-buying intervention was reported to be the first in 28 years since 1998, following the Asian financial crisis. Background information, including indications of intervention from the U.S. Treasury and communications to multiple banks, was also reported.