Japan Confirms Three Day Yen Intervention in Spring to Lift Currency Japan has confirmed a three day yen intervention plan aimed at stabilizing the currency's value against major peers.
The plan, set to begin this spring, involves the Bank of Japan (BOJ) selling yen in foreign exchange markets to counteract its recent weakness. What is Japan's Three Day Yen Intervention Plan?
The BOJ will intervene by selling yen over three consecutive days, injecting approximately ¥500 billion ($4. 2 billion) into the foreign exchange market daily during this period.