Tokyo Signals Readiness for Currency Action as Yen Weakness Persists

Japanese Finance Minister Satsuki Katayama said Tuesday that the government was prepared to take decisive action in the currency market.

Her remarks signaled that Tokyo remains on alert over the yen’s continued weakness, with intervention still a possibility.

The warning stopped short of announcing a new intervention. Instead, Katayama emphasized the government’s readiness to act.

The message underscored that Japan has not eased its vigilance toward the currency market as pressure on the yen persists.