Japan steps up yen intervention threats, signals rate-hike chance
Orientul Mijlociu
TOKYO, March 30 : Japan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate hike, as policymakers grow increasingly concerned about inflationary pressures from the Middle East war. In the strongest warning yet of yen-buying intervention, Japan's top currency diplomat Atsushi Mimura said on Monday authorities may need to take "decisive" steps if speculative moves persist in the currency market. "We are hearing that
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