The Japanese yen stayed above ¥160 against the US dollar on June 8, having erased gains from the previous intervention within about a month.
The currency traded above the ¥160 level ahead of the Bank of Japan meeting. Japan's currency lost all the gains from the last intervention in about a month.
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The official retail dollar closed at $1,460 on Friday, June 5, while the wholesale exchange rate rose $3.50 to $1,440.
The yen climbed to a 10-week peak on May 7, drawing fresh talk of official intervention as it built on earlier gains. The currency's move follows recent support measures and has kept traders focused on key levels.
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Japan reportedly conducted a large-scale yen-buying operation using around $35 billion, driving the USD/JPY rate down nearly 3% to 155.5. Bank of Japan data supports the intervention's scale, which would mark the first official action in nearly two years if confirmed. The move highlights Tokyo's limited tolerance for ongoing yen weakness amid rising import costs.
The blue dollar ended Friday, June 12 at $1,460 for sale, up $10 from the previous close.
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The Mexican peso ended May 21 with a modest depreciation, shaped by Banxico meeting minutes and Middle East developments.
The US Federal Reserve decided to keep its benchmark interest rate unchanged in the 3.50 to 3.75 percent range during its first decision under President Kevin Warsh.
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The Kenyan shilling stayed steady against the dollar this week even as the U.S. currency weakened for a second straight week. The local unit closed at Ksh129.19, unchanged from April 30.