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Japan Spends Record 15.4 Trillion Yen to Support Yen

8/28/2026

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Story summary
  • Japanese authorities intervened, spending a record 15.4 trillion yen ($96.5 billion) to support the yen.
  • The intervention ran from July 30 to August 26, per Finance Ministry data released August 28.
  • The Bank of Japan bought yen on July 30-31, including a joint action with the United States.
  • BOJ data show the July 30 operation may have hit 9.6 trillion yen, above the 6.3 trillion yen April 30 record.