Business · Markets · 15 hrs ago
Japan spent a record 7.98 trillion yen in one day to support the yen
Japan bought a record 7.98 trillion yen on July 30 to support its currency, according to Finance Ministry data released on Monday.
The ministry said the country spent 15.4 trillion yen over three days: July 30 and 31, and August 3.
The intervention followed the yen's fall to the upper 163 range against the US dollar, its weakest level in nearly 40 years.
On July 31, Japan and the United States jointly intervened to buy yen for the first time in 28 years.
Japan's actions were intended to prop up the yen against the dollar.
The one-day spending total was larger than the previous record of 6.28 trillion yen, set on April 30.
Japan spent ¥15.3993 trillion buying yen and selling dollars on July 30, July 31 and August 3, the Finance Ministry said.
The ministry published the intervention figures on November 9.
The July 30 intervention amounted to ¥7.9756 trillion, a record, according to Kyodo.
The interventions came as Japanese and US monetary authorities sought to correct the yen’s weakness, Nikkei reported.
- Who
- Japan’s Finance Ministry reported the intervention. Japanese and US monetary authorities carried out coordinated intervention at the end of July, according to Nikkei.
- What
- Japan intervened by buying yen and selling dollars, spending ¥15.3993 trillion in total.
- When
- July 30, July 31 and August 3. The figures were announced on November 9, 2026.
- Where
- Not stated.
- Why
- To correct the yen’s weakness, according to Nikkei.
This story does not have two clearly opposing sides.
Japan spent ¥7.9756 trillion on yen-buying intervention, according to Kyodo.
Japan carried out yen-buying intervention on this date, according to the Finance Ministry figures reported by Nikkei.
Japan carried out yen-buying intervention on this date, according to the Finance Ministry figures reported by Nikkei.
The Finance Ministry published its intervention figures for July to September.
- Total intervention
- ¥15.3993 trillion
- Intervention dates
- July 30, July 31 and August 3
- July 30 intervention
- ¥7.9756 trillion
- Announcement date
- November 9, 2026
- Intervention type
- Yen buying and dollar selling