Between April 28th and May 27th, the government and the Bank of Japan conducted large-scale market intervention worth over 11 trillion yen. Although market intervention caused the yen to appreciate temporarily, the yen has continued to weaken again due to growing uncertainty surrounding the situation in the Middle East.
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Even after the intervention, the yen’s depreciation trend continues, and whether the Bank of Japan will decide to raise interest rates is also a focus
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