In brief
Japan's Finance Ministry confirmed that on July 30 it spent a record 7.98 trillion yen (about $50.4 billion) buying yen to cushion the currency against the dollar. The intervention, the largest single‑day buy in history, was part of a 15.4 trillion yen total for the July‑September quarter— a figure cited only by Xinhua. Kyodo reported only the July 30 purchase, noting the same dollar value but without referencing quarter totals.
Japan’s Finance Ministry revealed that on July 30 it carried out its largest single‑day yen‑buying operation ever, purchasing 7.98 trillion yen—approximately 50.4 billion U.S. dollars— to prop up the Japanese currency against the dollar.
According to the ministry’s data on foreign‑exchange intervention operations for the July‑September quarter, the government bought a total of 15.4 trillion yen in interventions conducted on July 30, July 31 and August 3.
This total‑quarter figure was reported only by Xinhua. Kyodo News, which also reported on the July 30 purchase, did not mention the cumulative intervention amount over the quarter.
Both outlets confirmed the record‑size purchase of 7.98 trillion yen and its conversion to roughly $50.4 billion.
