Japan spent record 42.8 bln USD in October interventions
TOKYO, Oct. 31 (Xinhua) -- Japan spent a record 6.3499 trillion yen (about 42.8 billion U.S. dollars) on multiple interventions in the currency market this month, Finance Ministry data showed Monday, as the country takes steps to prop up its currency.
After the yen neared 152 to the dollar, sources have confirmed Japan intervened on Oct. 21, although market observers here believed such operations will have a limited impact.