Japan spent $20.7 billion on currency intervention on July 11
Jul 11, 2024

TOKYO (Reuters) - Japan spent 3.168 trillion yen ($20.69 billion) on dollar-selling intervention on July 11 and 2.367 trillion yen on July 12, quarterly data from the Ministry of Finance (MOF) showed on Friday.

The data represents a detailed daily breakdown of the previously revealed 5.53 trillion yen currency intervention made during the period from June 27 through July 29.

Japan spent $20.7 billion on currency intervention on July 11

Over those two days in July, the yen shot to as high as 157.30 to the dollar from as low as 161.76.

($1 = 153.1300 yen)