BoJ Reportedly Enters Forex Mkt with JPY3.5T for 2nd Intervention This Wk

AASTOCKS

2024-05-02 17:08

According to Bloomberg, the Bank of Japan (BoJ) entered the foreign exchange market with about JPY3.5 trillion on Thursday local time, which may be th...

　　According to Bloomberg, the Bank of Japan (BoJ) entered the foreign exchange market with about JPY3.5 trillion on Thursday local time, which may be the second time this week that the BoJ intervened in the market, according to a comparison of the BoJ's recurring project data with the valuation of currency brokers.

　　The BoJ was also said to have intervened in the forex market on Monday, with a scale of about JPY5.5 trillion on that day.

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