Central bank data ‌published on Friday showed Japan may have spent as much as 5.48 trillion yen ($35 billion) in the intervention, just shy of the $36.8 billion last spent in July 2024. The currency has been under pressure from wide U.S.-Japan interest ?rate gaps, and its weakness has been exacerbated by higher oil prices due to the Iran war that have boosted the U.S. dollar.