The Ministry of Finance (MOF) published on August 29, 2025, the implementation status of foreign exchange market intervention operations during the period from July 30 to August 27, Reiwa 7.
Implementation Results
Intervention Record: The foreign exchange market intervention amount during the period from July 30 to August 27, Reiwa 7, was 0 yen. No direct intervention in the foreign exchange market by the Ministry of Finance was conducted during this period.
Position of Foreign Exchange Market Intervention
Foreign exchange market intervention is a government policy implemented to stabilize the foreign exchange market against rapid fluctuations in the yen exchange rate. It is executed based on the Minister of Finance's judgment and is expected to have the effect of suppressing excessive progression of yen depreciation or appreciation. The zero intervention amount for this period indicates that intervention was not deemed necessary.
Assessment of Market Conditions
The fact that the intervention amount was 0 yen over approximately one month indicates that the foreign exchange market moved relatively stably during this period, and the necessity for government market intervention was not recognized. This is considered to be the result of comprehensive consideration of market participant trends and overseas monetary policy environments.
Ensuring Transparency
The Ministry of Finance ensures transparency with the market by regularly publishing the implementation status of foreign exchange market intervention. Monthly publication allows market participants to obtain clear information about the government's foreign exchange policy, contributing to improved market stability.
Future Policy Direction
Foreign exchange market trends continue to be closely monitored, and appropriate measures will be considered as necessary. A system capable of flexible response is maintained according to changes in international financial market fluctuations and economic conditions.
The article demonstrates that during the period from July 30 to August 27, Reiwa 7, the foreign exchange market moved stably without the necessity for government foreign exchange intervention, and the Ministry of Finance's efforts to ensure transparency in foreign exchange policy management continue.