律动BlockBeats|8月 03, 2026 23:54
[Japan's New Round of Currency Intervention May Have Cost $87 Billion]
BlockBeats news, August 4, the U.S. recently stated that in order to support the yen exchange rate, the Bank of Japan may have spent approximately $87 billion, equivalent to 11 trillion yen, in the latest round of foreign exchange intervention. According to the latest monetary market data from the Bank of Japan, it is estimated that during the foreign exchange interventions on July 30 and 31, the Bank of Japan likely spent $53 billion and $34 billion respectively, totaling $87 billion, equivalent to 11 trillion yen, to purchase yen and support its exchange rate. (CCTV)
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