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Japan may have spent as much as 5.48 trillion yen in yen-buying intervention, according to Bank of Japan data released on Friday. The intervention followed reports that Tokyo acted on Thursday to arrest a sharp yen slide.
The scale of spending signals strong official defense of the yen, which tends to cap dollar-based import costs for Japanese feed buyers.
reuters.comAtsuko AoyamaMay 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
