Japan Signals Readiness to Act as Yen Weakness Persists
Japanese Finance Minister Satsuki Katayama said Tuesday that the government was prepared to take decisive action in the currency market, signaling continued vigilance over the yen’s persistent weakness.
Her remarks suggested that Tokyo remains open to intervention, rather than easing its scrutiny of exchange-rate movements.
The warning stopped short of announcing a new intervention. Instead, it underscored the government’s readiness to respond as pressure on the Japanese currency continues.
Katayama gave no specific timing or trigger for action in the remarks, leaving the prospect of another move in the currency market open.
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