Japan's Ministry of Finance said on Friday it spent 11.7 tln yen (about $73bn)
between April 28 and May 27 to support the yen. The disclosure confirms market
suspicions of sell-USD/buy-JPY intervention around late April–early May Golden
Week; authorities said the action aimed to curb yen weakness and help keep
inflation in check. BOJ data had previously implied roughly 4 tln yen on April
30 and about 4.5 tln yen between May 1-6.