Bank of Japan's Yen Intervention Sends USD/JPY Plummeting from 163.7 to 157.3 on July 31
According to Yonhapinfomax, the Bank of Japan's large-scale yen-buying intervention on July 31, coordinated with the U.S. Federal Reserve and South Korean authorities, sent the USD/JPY exchange rate plummeting from 163.7 to 157.3. The U.S. Treasury Secretary Scott Bessent confirmed the trilateral
USDJPY-0.05%
GateNews·08-02 04:16
