Japan Spends $59 Billion in Market Moves to Bolster Yen Amid Economic Woes In a bold move to stabilize its currency, Japan is believed to have spent approximately ¥9 trillion ($59 billion) on market interventions over just four days, a move that traders and authorities have not officially confirmed. Despite these significant financial efforts, there are growing concerns among economists, traders, and businesses about the broader economic impact, as Japan’s ageing and shrinking population continues to grapple with the after-effects of decades-long deflation. This large-scale intervention underscores the severe challenges the Japanese economy faces, and it may not prevent consumers from curbing their spending. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Government Measures Aim to Strengthen Demand for ZiG in Zimbabwe READ MORE Gold Soars to Record Heights: What's Driving the Precious Metal's Rally? READ MORE Fed Considers Careful Step Back from Quantitative Tightening READ MORE JP Morgan's Warning Sparks Gold Rush READ MORE Gold Hits Three-Week High as Cooling Inflation Fuels Fed Rate Cut Hopes READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment