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Japan's yen jumps on suspected BOJ intervention, fails to keep gains

Por: CNBC Business October 24, 2022

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A photo showing Japanese 10,000 yen banknotes.Richard A. Brooks AFP Getty ImagesThe Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early intervention by the Bank of Japan, but struggled to hold its gains against a robust U.S. dollar. The hit a low of 149.70 per dollar in early deals before being swept to a high of 145.28 within minutes in a move that suggested the BOJ had stepped in for a second... + full article



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