Japan ready to take action if yen falls sharply, finance minister says

“We are watching [the foreign exchange market] with a strong sense of urgency,” Suzuki said at a news conference on Tuesday. “We will take every possible measures” against excessive moves in the yen.

Suzuki reiterated that the government wasn’t targeting any specific yen level but focusing on volatility. The yen USDJPY, was last at around 149.85 against the dollar.

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Japanese stocks fall for third dayAsia-Pacific stocks mostly tumbled Monday, Oct. 2, the Japanese market showing a third day of decreases. Japan's Nikkei 225 Index declined 0.3% to 31,759.88,...
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