Japan's Ministry of Finance confirmed its first currency intervention since 2022, spending $62.25 billion to address the yen's significant depreciation.
μΌλ³Έ μ¬λ¬΄μ±μ μνμ κΈκ²©ν νκ° μ νμ λμνκΈ° μν΄ 622μ΅ 5μ²λ§ λ¬λ¬λ₯Ό λ€μ¬ 2022λ μ΄ν μ²μμΌλ‘ ν΅ν κ°μ μ νλ€κ³ 곡μ λ°ννλ€.
* intervention : κ°μ , κ°μ
* address : <λ¬Έμ βμμ λ±>μ λ€λ£¨λ€, β―μ λμνλ€, λμ²νλ€
* significant : <μμΉβνλ½ λ±μ΄> νμ ν, <μλβλΉμ¨ λ±μ΄> μλΉν
* depreciation : (κ°μΉβκ°κ²© λ±μ) νλ½, μ ν
β
This intervention occurred between April 26 and May 29, coinciding with the yen hitting a 34-year low of 160.03 against the U.S. dollar.
μ΄λ² κ°μ μ 4μ 26μΌλΆν° 5μ 29μΌ μ¬μ΄μ μ΄λ£¨μ΄μ Έ, μνκ° λ―Έκ΅ λ¬λ¬ λλΉ 34λ λ§μ μ΅μ μΉμΈ 160.03μμ κΈ°λ‘ν κΈ°κ°κ³Ό λ§λ¬Όλ Έλ€.
* coincide with something : β―μ λμμ μΌμ΄λλ€
* hit a low : μ΅μ μΉλ‘ λ¨μ΄μ§λ€
β
The intervention resulted in the yen rebounding to 156 within the same session.
βκ°μ κ²°κ³Ό, μνλ λμΌ κ±°λ μΈμ μμ 156μκΉμ§ λ°λ±νλ€.
* result in something : (κ²°κ³Όλ‘) β―μ λ°μμν€λ€, β―μ μ΄λνλ€
* rebound : <κ°κ²©βκ²½κΈ° λ±μ΄> λ°λ±νλ€, ν볡λλ€
β
The sharp drop in the yen's value followed the Bank of Japan's decision to end its negative interest rate policy in March.
μν κ°μΉμ κΈλ½μ 3μμ μΌλ³Έ μνμ΄ λ§μ΄λμ€ κΈλ¦¬ μ μ± μ μ’ λ£νκΈ°λ‘ κ²°μ ν μ΄ν λ°μνλ€.
* follow : <μκ°βνμ λ±μ΄> β―μ λ€λ°λ₯΄λ€, β―μ λ€μ΄μ΄ μΌμ΄λλ€
β
The intervention aimed to steady the currency as it continued to face downward pressure, trading at 157.25 against the U.S. dollar by late May.
μ΄λ² κ°μ μ 5μ λ§ λ¬΄λ ΅ λ―Έκ΅ λ¬λ¬ λλΉ 157.25μμ κ±°λλλ λ± κ³μν΄μ νλ½ μλ ₯μ λ°λ μνλ₯Ό μμ μν€κΈ° μν μ‘°μΉμλ€.
* aim to do something : β―νλ κ²μ λͺ©νλ‘ νλ€, β―ν μκ°μ΄λ€
* steady : β―μ μ§μ μν€λ€, μμ μν€λ€
* downward : <μ£Όκ° λ±μ΄> νλ½νλ, <κ²½κΈ° λ±μ΄> νν΄νλ, <κ²½ν₯ λ±μ΄> μ ν΄νλ
β
Analysts had speculated that the intervention could have ranged between 5 trillion and 6 trillion yen.
βλΆμκ°λ€μ κ°μ μ΄ 5~6μ‘° μμ λ¬νμ κ²μ΄λΌκ³ μΆμΈ‘νλ€.
β* speculate : μΆμΈ‘νλ€, μΆμ νλ€
* range between something and something : (κ°κ²©βμ λβκΈ°μ¨ λ±μ΄) β―μμ β―μ μ¬μ΄μ΄λ€
βFinance Minister Shunichi Suzuki supported the need for intervention to counter the impact of extreme currency movements on households and businesses.
μ€μ¦ν€ μμ΄μΉ μ¬λ¬΄μμ κ·Ήμ¬ν ν΅ν λ³λμ΄ κ°κ³μ κΈ°μ μ λ―ΈμΉλ μν₯μ μμνκΈ° μν΄ κ°μ μ΄ νμνλ€λ©° μ§μ§νλ€.
* counter : <λμ μν₯βμν λ±>μ μ μ§νλ€, 무λ ₯νμν€λ€
* household : κ°μ‘±, κ°κ΅¬, κ°μ , μΈλ
β
He stated the need to "smooth it out" in times of excessive movement.
κ·Έλ κ³Όλν λ³λμ΄ μμ λ μ΄λ₯Ό μνν νμκ° μλ€κ³ λ§νλ€.
* state : (곡μμ μΌλ‘) β―μ μ§μ νλ€, λ§νλ€, λ°νλ€
* smooth something out : <λΆκ·μΉβλ³λ λ±>μ μμ λ€, <λΆκ·μΉβλ³λ λ±μ μμ > β―μ κ³ λ₯΄κ² λ§λ€λ€
* excessive : (μλβμ λ λ±μ΄) κ³Όλν, μ§λμΉ
* movement : (μν©βνλ λ±μμμ) μμ§μ, λ³ν
β
Japan's last intervention was in October 2022, when the yen plummeted to around 152 per dollar.
μΌλ³Έμ λ§μ§λ§ κ°μ μ μνκ° λ¬λ¬λΉ μ½ 152μκΉμ§ νλ½ν 2022λ 10μμ μ§νλ λ° μλ€.
β* plummet : <μ£Όκ° λ±μ΄> νλ½νλ€, <μ΄μ΅ λ±μ΄> κΈκ°νλ€
μμ΄λ₯Ό λ~μνλ €λ©΄ μ±
μ ꡬ맀ν΄μ μ¦κ²κ²~μ¬λκ²~νμΈμ~
μ μ μ μμ΄λ§~μ~νμλ μ²μ¬λπλ€ λλΆμ ν볡ν©λλ€~~
10μ κ·νΈμ κ΅μ¬ ꡬ맀μ²~~~ππ§‘π~~~
μ λ§ν¬λ‘ ꡬ맀μ μΏ ν‘ννΈλμ€μ μΌνμΌλ‘ μ΄μ λ°λ₯Έ μΌμ μ‘μ μμλ£λ₯Ό μ 곡λ°μ΅λλ€~~~
μ²μ¬πλλ€ λλΆμ μ΄λ£¨μ΄μ§ μμ΅ λ무λ κ°μ¬ν©λλ€~~
λλΆμ μ»΄ν¨μ
μμ΄λ€μ λμΈμ μμ΄μ ν볡ν©λλ€~ππ§‘π