Japan's Finance Minister Satsuki Katayama stated that Japanese authorities will take bold and decisive steps in the foreign exchange market as needed. She noted that a recent US Treasury report reinforces a mutual understanding that excessive currency movements are undesirable. This statement signals Japan's readiness to intervene in currency markets to address volatility.
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Finance Minister states readiness to take bold FX steps.
Japanese Finance Minister Satsuki Katayama said authorities will take bold steps to counter moves in the currency market decisively as needed.
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Japanese Finance Minister Satsuki Katayama said authorities will take bold steps to counter moves in the currency market decisively as needed.
BloombergJapanese authorities will take bold steps to counter moves in the currency market decisively as needed, and a US Treasury report issued overnight underscores a shared view that excessive currency moves are undesirable, Finance Minister Satsuki Katayama said.
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Japanese Finance Minister Satsuki Katayama said authorities will take bold steps to counter moves in the currency market decisively as needed.
BloombergA US Treasury report issued overnight underscores a shared view that excessive currency moves are undesirable.
BloombergExcessive currency moves are undesirable according to the shared view mentioned.
Bloomberg