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Japan records largest single‑day yen purchase of 7.98 trillion yen

Finance ministry data shows Tokyo stepped into the market on July 30, buying a record 7.98 trillion yen to support the currency.

By PulseWire NewsSource: english.news.cn1 min read
Japan records largest single‑day yen purchase of 7.98 trillion yen
Image via english.news.cn

In brief

On July 30, Japan’s finance ministry bought a record 7.98 trillion yen (about 50.4 billion dollars) to prop up the yen against the U.S. dollar, according to Xinhua and Kyodo News sources. In the July‑September quarter, total interventions added up to 15.4 trillion yen.

Japan’s finance ministry bought a record 7.98 trillion yen (about 50.4 billion U.S. dollars) on July 30 to support the yen against the U.S. dollar, a move that has been reported by Xinhua and confirmed by data from the ministry.

The figure represents the largest single‑day yen‑buying intervention ever recorded by Japan, the note said, and it was part of a series of operations conducted at the end of July and the start of August.

According to finance‑ministry data released Monday, the total amount bought during the July–September quarter came to 15.4 trillion yen. That account combines the July 30 purchase with additional interventions on July 31 and August 3.

Kyodo News also reported the same 7.98‑trillion‑yen figure in a coverage note posted an hour earlier, citing the same official data source.

Both outlets placed the purchase in the context of a global trend of central‑bank interventions aimed at stabilising the yen ahead of the year‑end fiscal reporting period.

No independent verification beyond the ministry’s statistics has been reported, and the figure remains based on official disclosures.

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