BOJ Accounts Signal Japan's Second Yen Intervention This Week
May 2, 2024
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3:40Now PlayingBOJ Accounts Signal Japan's Second Yen Intervention This Week
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as posted by the channelThe BOJ reported Thursday that its current account will probably fall ¥4.36 trillion ($28.1 billion) due to fiscal factors on the next business day of Tuesday. That’s much bigger than a drop of about ¥833 billion forecast on average by money brokers, suggesting that intervention of about ¥3.5 trillion took place. Bloomberg's Vassilis Karamanis reports.
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