Topic

foreign exchange

2 articles

Japan Spent Around 4 Trillion Yen on Currency Intervention in May

Japan likely spent up to 4 trillion yen ($26 billion) on suspected currency intervention in May to shore up the yen. The figure would be one of the largest monthly interventions on record. Officials have not confirmed the move, and analysts warn its impact may be short-lived.

May 7, 2026

Economy

Japan Spends Approximately ¥4 Trillion on Suspected Yen Intervention in May

Japan is estimated to have spent approximately ¥4 trillion ($25.6 billion) in May to support the yen via a suspected foreign-exchange intervention, its second such operation in two months. Market analysts based the estimate on BOJ account data, as authorities typically refrain from immediate confirmation. The action aims to counter the yen's sustained depreciation against the dollar.

May 7, 2026