Japan signals chance of currency intervention, yen rises

Government

TOKYO :Japan sees currency intervention as a possibility in dealing with excessively volatile and speculative moves in the yen, Finance Minister Satsuki Katayama said on Friday, in the strongest warning to date against recent falls in the currency. "We are alarmed by recent one-sided, sharp moves in the currency market," Katayama told a news conference, when asked about recent declines in the yen. "It is important for currency rates to move stably, reflecting fundamentals. We will take

Japan signals chance of currency intervention, yen rises https://www.channelnewsasia.com/ - 21.11.2025 04:09

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Japan signals chance of currency intervention, yen rises https://www.channelnewsasia.com/ - 21.11.2025 04:09