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The Zhitong Finance App learned that while the yen exchange rate continues to hover around a 40-year low, Japan's Finance Minister Katayama Satsuki used the strongest wording in weeks to clearly state “if necessary, we will take decisive action at any time.” This statement is usually interpreted by the market as a signal that the Japanese government is preparing to directly enter the market to interfere with the exchange rate. She declined to comment on the specific level of the yen exchange rate.
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The Zhitong Finance App learned that while the yen exchange rate continues to hover around a 40-year low, Japan's Finance Minister Katayama Satsuki used the strongest wording in weeks to clearly state “if necessary, we will take decisive action at any time.” This statement is usually interpreted by the market as a signal that the Japanese government is preparing to directly enter the market to interfere with the exchange rate. She declined to comment on the specific level of the yen exchange rate.
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