TOKYO -- Japan may have spent a record 5.5 trillion yen ($37 billion) in its effort Friday to rein in the falling yen, official data suggests, as authorities ramp up their battle with speculators to check the currency's decline.
Currencies
Japan spent $37bn in record intervention to support yen: estimate
Moves on consecutive trading days hint at defense line of 150
Bank of Japan data suggests that the Oct. 21 yen-buying intervention dwarfed last month's.(Photo by Masaru Shioyama)
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