The Japanese government and the Central Bank intervened in the market for the second day in a row

On 1 August, according to daily news, on 31 August, the exchange rate of the Japanese yen against the United States dollar increased rapidly in New York foreign exchange markets, at one point near the midpoint of $1 to 157 yen. For the second consecutive day after 30 days, the Government of Japan and the Bank of Japan implemented exchange-rate interventions to buy Japanese yen。