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News Wire / economy

Japan Reports 42.6 Billion Yen Record High For 10th Consecutive Year

CNA938 Singapore Tokyo 11d4d Impact 8
Japanese authorities reportedly intervened to support the yen after it breached the 160 mark. Officials spent approximately $34 billion to strengthen the currency by about 3%. The yen is currently trading at 156.57 following these actions. The intervention follows the currency reaching near two-year lows. Policymakers view speculative surges in energy prices as a key driver of yen weakness against the dollar. Atsushi Mimura, a top currency diplomat, noted that speculation remains rife. The Japanese Yen is trading around the 157 level against the US dollar. The Japanese yen experienced a sharp decline in the Asian foreign exchange market over the weekend. This intervention occurs due to nervousness whenever the dollar-yen (USDJPY) approaches 160. The source did not specify the nature of the financial figure.

Topics

currency intervention Japan

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Sources · 7 independent

CNA938 Singapore

“Japanese yen, now trading at 156.57 after authorities reportedly stepped in again to prop up the embattled currency from near two-year lows. Officials spent about $34 billion to strengthen the currency by about 3%”

CNA938 Singapore

“Our Japanese authorities are also reportedly considering stepping into the oil futures market to relieve pressure on the currency, as policymakers see the speculative surges in energy prices as a key driver of weakness in the yen against the dollar.”

CNA938 Singapore

“Japanese authorities are also reportedly considering stepping into the oil futures market to relieve pressure on the currency, as policymakers see the speculative surges in energy prices as a key driver of weakness in the yen against the dollar.”

RTHK Radio 1 Cantonese

“现在日元大约在157附近的水平。也看到一些洋行公布一些数据,可能反映了日本可能是紧缩近5500亿的日元到支持外汇。你见到一个干扰的情况,还有接下来的走势怎么看?干扰应该是一个非常明显的情况,因为不会突然就像以前那样升。”

RTHK Radio 1 Cantonese

“現在日元大約在157附近的水平。也看到一些洋行公布一些數據,可能反映了日本可能是緊縮近5500億的日元到支持外匯。你見到一個干擾的情況,還有接下来的走勢怎麼看?干擾應該是一個非常明顯的情況,因為不會突然就像以前那樣升。”

RTHK Radio 1 Hong Kong

“现在日元大约在157附近的水平。也看到一些洋行公布一些数据,可能反映了日本可能是紧缩近5500亿的日元到支持外汇。你见到一个干扰的情况,还有接下来的走势怎么看?干扰应该是一个非常明显的情况,因为不会突然就像以前那样升。”

RTHK Radio 1 Hong Kong

“现在日元大约在157附近的水平。也看到一些洋行公布一些数据,可能反映了日本可能是紧缩近5500亿的日元到支持外汇。你见到一个干扰的情况,还有接下来的走势怎么看?”

RTHK Radio 1 Hong Kong

“现在日元大约在157附近的水平。也看到一些洋行公布一些数据,可能反映了日本可能是紧缩近5500亿的日元到支持外汇。”

Baywave FM Japan

“週末、アジア外国為替市場で、円相場が一時1ドル155円大に急落しました。”

Baywave FM Japan

“先週末、アジア外国為替市場で、円相場が一時1ドル155円大に急落しました。”

Baywave FM Japan

“先週末に開催されていた、昨日までは開催されていた、東京マップスの会場で収録しました。週末、アジア外国為替市場で、円相場が一時1ドル155円大に急落しました。”

Baywave FM Japan

“アジア外国為替市場で、円相場が一時1ドル155円大に急落しました。”

RTHK Radio 3 HK

“you've got the Bank of Japan who are clearly spending money and the intention has returned to jump the Japanese currency because of that nervousness whenever the dollar yen, that's the USDJPY, approaches 160.”

Baywave FM Japan

“426億円となり、10年連続で過去最高を更新しました。”

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