Estimated sales gain of “2.8 trillion yen” due to yen purchase intervention due to rising foreign exchange values

Nikkei

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Media Conglomerate: Nikkei, Inc.

Estimated sales gain of “2.8 trillion yen” due to yen purchase intervention due to rising foreign exchange values

Observations are spreading that the government and the Bank of Japan moved to intervene in exchange by buying yen over the depreciation of the yen progressing in the foreign exchange market. There is an estimate that a realized profit of about 2 trillion yen was obtained because yen was bought by selling foreign currency-denominated assets purchased when the dollar depreciated in the past. There is also a possibility that surpluses from special …