RWA Japan spent a record $96.4 billion in a single month to support the yen, marking its largest-ever currency intervention. This move underscores Tokyo’s aggressive stance against excessive yen depreciation, which could have global market implications.
Japan spent a record $96.4 billion in a single month to support the yen, marking its largest-ever currency intervention. This move underscores Tokyo’s aggressive stance against excessive yen depreciation, which could have global market implications.