Japan spent record 15.4 trillion yen in July-August to stem yen's slide

Japan spent a record 15.4 trillion yen in July-August to stem the yen's slide, according to Kyodo News. Separately, commentary indicates Japan and the U.S. are intervening together to prop up the yen, partly because Washington needs to prevent Japan from selling Treasuries to defend its currency.

Detected & updated continuously · Source: Nebula