Monday , 25 November 2024
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Japan yen intervention numbers published. 5.5 trillion yen bought.

Japan’s Ministry of Finance with the info after FX reserves down to US$1.239 tln at the end of ocot:

  • prior 1.255 tln USD

USD/JPY selling intervention on July 11 was 3.1678 tln yen worth

USD/JPY selling intervention on July 12 was 2.367 tln yen worth

I highlighted July 11 for reference. Y’all remember the officials in Japan refusing to confirm intervention when we all saw it plain as day? Clowns.

This article was written by Eamonn Sheridan at www.forexlive.com.

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