Japanese monetary authorities spent a total of 14.30 trillion yen (about $184.5 billion) on currency interventions in 2011, the third-biggest amount on record, according to Finance Ministry data released by Friday.
The ministry said Friday that it and the Bank of Japan did not step into the foreign exchange market between Nov. 29 and Dec. 28.
The authorities conducted publicly announced market interventions three times this year -- in March, August and October -- to stem the sharp rise of the yen against the U.S. dollar and other major currencies. (Mainichi)
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