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; authori

2026-05-29

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.