Japan spent record $43 billion in Oct. yen-buying intervention
https://mainichi.jp/english/articles/20221031/p2g/00m/0bu/056000c
Japan spent record $43 billion in Oct. yen-buying intervention
https://mainichi.jp/english/articles/20221031/p2g/00m/0bu/056000c
3 comments
This seems like a lot.
And all of this for nothing.
BOJ used roughly 46% of foreign reserve available for intervention. It will be interesting to see how BOJ will use the the rest of the reserve to influence the market.