Bank of Japan Intervenes in Forex Market on April 30, Yen Rebounds from 160 to 155 Against Dollar

According to Nikkei, the Bank of Japan and Japanese government intervened in the forex market on April 30, buying yen and selling dollars. The yen had weakened to above 160 against the dollar earlier in the day, marking a 19-month low, before rebounding to above 155 following the intervention. A government official confirmed the action to Nikkei.
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