Japan Spends $96B to Defend Yen as Currency Weakens to 160 Per Dollar
According to Japan's Ministry of Finance, Japan spent approximately $96 billion defending the yen from April to July 2026 as the currency weakened to historic lows. The April-to-May intervention window alone cost 11.7 trillion yen, roughly $73 billion to $73.5 billion, the largest single-month
GateNews·08-29 06:45
