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Yen purchase intervention, 5.9 trillion yen on 4/29, 3.8 trillion yen on 5/1 = Ministry of Finance

Yen purchase intervention, 5.9 trillion yen on 4/29, 3.8 trillion yen on 5/1 = Ministry of Finance
According to the implementation status of the April-June foreign exchange equilibrium operation (exchange intervention) on a daily basis announced by the Ministry of Finance on the 7th, dollar sales/yen purchase interventions of 5 trillion 918.5 billion yen were carried out on 4/29 and 3.87 trillion yen billion yen billion yen on 5/1. There were several situations where the exchange rate fluctuated in the same quarter, but there was no exchange intervention other than these 2 days.
The ministry announced in May that it carried out exchange intervention totaling 9.788.5 billion yen from April 26 to May 29. The data released this time reflects the dates and amounts of intervention in more detail by going back to each quarter.
On April 29th, after the dollar rose to the 160 yen level, it plummeted to the middle of 154 yen. After going through the US Federal Open Market Committee (FOMC) on 5/2, it plummeted from the 157 yen level to 153 yen before and after the New York market closed
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