Japan spent the equivalent of a record ¥11.73 trillion ($73.6 billion) over the past month to support the yen after it weakened beyond 160 per U.S. dollar, according to Finance Ministry data cited by multiple outlets. The data confirm this is the first yen intervention by Japan’s government in market transactions since 2024. The intervention period covered late April into the most recent reported day, with one outlet specifying dates from April 28 through Wednesday. The record spending follows a stretch in which the yen weakens and moves in sharp swings, including several episodes marked by spikes in the currency’s value. Both reports describe the intervention as being carried out after the yen slid past the 160-per-dollar level, suggesting authorities acted to counter excessive volatility or weakness. The reporting is based on the government’s stated totals, rather than on any single trade or timing detail, and presents the record ¥11.73 trillion figure as the aggregate amount spent during the month-long period.