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Japan intervenes in the foreign exchange market
BlockBeats News, April 30 — According to Nikkei News, the Japanese government and the Bank of Japan intervened in the foreign exchange market on April 30 by buying yen and selling U.S. dollars.
On that day, the yen-to-dollar exchange rate briefly fell above 160, reaching a 19-month low, then rebounded to above 155. A government official confirmed the intervention to Nikkei News.