Such action would mark Japan’s first intervention in nearly two years

A monitor displaying the yen's exchange rate against the U.S. dollar on May 1 on Gaikaitame.com. (Photo by Nanami Sato) 

TOKYO -- Money market data released by the Bank of Japan on Friday suggests that there were yen-buying interventions worth around 5 trillion yen ($32 billion) on Thursday, backing up the Japanese unit's sharp rally against the U.S. dollar.

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