Japan Intervenes with $35 Billion Yen to Boost FX Readiness as BOJ Considers April 29 Spending
Key Takeaways: π΄ Japan ready to handle foreign exchange matters 24/7 π Money market data suggests Japan spent $35 billion to support yen π Yen buying on Monday indicated possible intervention π€ IMF in close discussions with Japan on exchange rate regime π Carry trades contribute to yen’s depreciation π Yen has been depreciating due … Read more