News Formal

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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

The Japanese government stands ready to take action if the yen weakens too sharply, Finance Minister Shunichi Suzuki said Tuesday.

“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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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,...
Source: MarketWatch - 🏆 3. / 97 Read more »