The central bank is in trouble this time. It has intervened in the foreign exchange market twice in the past week. It intervened once on April 29, and the currency went directly back to 154 from 160, and then depreciated back to 158. It intervened again in the early morning of May 2. The first intervention cost 5 trillion yen, and the second intervention cost 3.5 trillion yen. In total, it cost more than 50 billion US dollars.
This time, many American institutions are shorting the yen, and even Mr. Buffett is among them, vowing to cut a piece of pork belly to fill the hole at home.
I am happy, I am happy, come on, Mr. Buffett, I have always believed that you can do it since I was a child! ! !
