Fri, 30 Sep 2022 10:26:18 GMT
Bank of Japan spends 20 billion
It has been just revealed that the Bank of Japan spent an equivalent of almost 20 billion US Dollars on its September 22 intervention in the Forex markets, which caused the USD/JPY drop from 145.90 down to 140.60. However, by September 26, all Japanese Yen currency rates were close to pre-intervention levels.