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The Economic Times

Economy / The Economic Times

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Japan spends more than $30 bn to prop up yen: reports

Japan has spent billions of dollars to boost its currency. The yen had fallen to its lowest level against the dollar in years. Officials had signaled potential action. This intervention marks the first since 2024. The move aims to stabilize the yen's value amid global economic pressures.

2 May 2026 12:29 pm