TOKYO -- Japan has confirmed that it stepped into the foreign exchange market to support its currency against the dollar about a month ago, with the Ministry of Finance on Friday reporting it bought 9.788 trillion yen ($62.2 billion) during the five-week period between April 26-May 29.
The amount surpasses record annual intervention of 9.188 trillion yen racked up in 2022, according to ministry data.
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