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Japan Spends ¥5.3 Trillion to Intervene in Forex Market, Yen Has Given Back Most of Its Gains

2026-05-29 11:10

Odaily reports that Japan has confirmed spending a record ¥5.3 trillion (approximately $73 billion) to defend the yen's exchange rate. However, the currency has already given back most of the gains achieved through the intervention. (Cointelegraph)

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