Japan's Foreign Exchange Intervention Hits Record ¥15.4 Trillion
Japan's Finance Minister, Shigeyuki Taiko, has announced that the country's foreign exchange intervention in the past month has reached a record high of ¥15.4 trillion. This figure marks a significant increase from previous months, and is part of the government's efforts to boost economic growth and competitiveness.
In a statement, Minister Taiko emphasized the administration's commitment to strengthening confidence in the yen. He stated that the goal is 'to boost the economy and competitiveness', which will have a positive impact on the currency's value.