Japanese monetary authorities, including the Ministry of Finance, Bank of Japan, and Financial Services Agency, are considering intervention in response to the weakening yen. Officials have expressed readiness to take action against speculative moves affecting the economy and price trends. The government is prepared to employ various measures to address excessive currency fluctuations.
Japan has no 'defensive line' against yen's fall, says finance chief: Japan has no specific "defensive line" at which it will intervene in the market to stem the yen's slide, the finance minister said Friday, amid speculation the… https://t.co/MP7mFLkDWZ #japannews #japantoday
Exclusive: Japan’s top currency official says recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate https://t.co/IL7bGfeFhK
Japan flags 'speculative' yen moves, signals chance of intervention https://t.co/kVOokg0sX6 https://t.co/tUrqlqyzx6