Japan reveals $96bn yen-buying intervention in July-August

CurrenciesThis year has seen two rounds of currency support measures totaling a record $170bnThe growing scale of currency interventions highlights the challenge governments face in influencing exchange rates amid rising cross-border capital flows. (Photo by Hazumu Urushiyama)MITSURU OBEAugust 28, 2026 19:31 JSTTOKYO -- Japan's currency authority spent a record 15.39 trillion yen ($96.5bn) to support its currency between July 30 and Aug. 26, Ministry of Finance data showed Friday, the largest amount in a single intervention round.