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Japanese officials, including Finance Minister Suzuki and top currency diplomat Kanda, express readiness to intervene in the currency market to counter excessive moves and speculative actions. Meetings held by MOF, BOJ, and FSA signal concerns over the weak yen, with discussions on potential interventions. Authorities emphasize the need to address the yen's decline, hinting at possible market interventions.
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/Xm38WSGme7
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