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How Does Japan Intervene in Currency Markets?
The yen’s rapid decline against the U.S. dollar this year has traders and analysts speculating that Japan might intervene directly to support its currency for the first time in more than two decades. Stepping in to buy yen and sell dollars would be an extraordinary move for a country that’s long been criticized by trading partners for tolerating or even encouraging a weak yen to benefit its exporters.
https://www.washingtonpost.com/business/how-does-japan-intervene-in-currency-markets/2022/04/20/85dfe426-c117-11ec-b5df-1fba61a66c75_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business
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