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An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
BUSINESS / Markets
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
By Kevin Buckland
The yen was at around ¥157.55 per dollar when it suddenly spiked, strengthening as far as ¥153 over the next half hour.
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.