Japan's intervention in the foreign exchange market on Monday was about 5.50 trillion yen

On April 30th, the Bank of Japan account data shows that Japan may have intervened in the foreign exchange market on April 29, purchasing a large amount of yen, and the scale of intervention was about 5.50 trillion yen. According to the latest foreign exchange intervention data of the Ministry of Finance of Japan, the total amount of intervention from March 28 to April 25 was 0 yen. It is worth noting that the data does not include the situation on the 29th (Monday). If this intervention is true, it will be the first time that Japan has intervened in 18 months. The data released by the Ministry of Finance of Japan on October 31, 2022 shows that the total scale of intervention from September 29, 2022 to October 27, 2022 is about 6.35 trillion yen.