Tokyo, May 8, 2026 (AFP) - Japan spent $64 billion in yen interventions: reports

NAMPA / AFP

2026-05-08

Japan has spent around 10 trillion yen ($64 billion) since last week propping up the yen, local media reported citing market estimates based on central bank data. The market interventions reportedly began on April 30 when the Japanese currency weakened to near 160 yen per dollar, the lowest in almost two years. Since then there have been several spikes in the unit, sparking speculation of further moves by authorities, and on Friday it was trading......

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