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Update · 07:23 pm AEST · 29 August 2026

Japan spent record $96.5 billion defending yen over past month

Japan spent record $96.5 billion defending yen over past month
Photograph: Channel NewsAsia business

Japanese authorities spent 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the currency, Finance Ministry data showed on Friday.

The intervention figures cover the period spanning July 30 to August 26, according to the data, as authorities sought to pull the yen away from four-decade lows near 164 per dollar, Channel NewsAsia business reports.

Japan spent record $96.5 billion to support yen over past month, ministry data shows TOKYO, Aug 28 : Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the local currency, Finance Ministry data showed on Friday.The size of the intervention shows the level of Tokyo's resolve to pull the yen away from four channelnewsasia.com
currencyyenforeign-exchangecurrenciescentral-banks

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