[Breaking] "Bank of Japan Intervenes in Forex Market Buying Yen... First Time in 24 Years"
[Asia Economy Reporter Bu Aeri] The Japanese government announced on the 22nd that the Bank of Japan conducted foreign exchange intervention by buying yen and selling dollars. This measure aims to curb the rapid depreciation of the yen.
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According to Kyodo News, this foreign exchange intervention is the first in about 24 years and 3 months since June 17, 1998.
This content was produced with the assistance of AI translation services.
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