Japan intervened (selling yen, buying dollars) into 2011's fx market to the tune of ¥14.3T...
Japan intervened (selling yen, buying dollars) into 2011's fx market to the tune of ¥14.3T ($180B) as it fought the yen strengthening to post-war lows following the earthquake and again in the fall as equity markets panicked. The MOF has a little to show for its work, the dollar buying ¥80.46 today vs. around ¥75 for the low.
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at MarketWatch.com (Jan 7, 2014)
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