Japan ready to respond to yen moves at any time, finance minister says
FILE PHOTO: Japan’s newly-appointed Chief Cabinet Secretary Minoru Kihara arrives at the prime minister’s official residence in Tokyo, Japan October 21, 2025. REUTERS/Kim Kyung-Hoon/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
TOKYO, June 30 : Japanese Finance Minister Satsuki Katayama said on Tuesday authorities stood ready to respond appropriately against currency moves at any time, in the wake of the yen’s slide to a four-decade low.
“This includes taking decisive action, as confirmed between Japan and the U.S.,” Katayama told a press conference when asked about the yen’s fall.
In a separate press conference, Chief Cabinet Secretary Minoru Kihara said the government will build an economic structure that is resilient to foreign exchange fluctuations while standing ready to take action in the market if needed.
Kihara said he would not comment on the current foreign exchange levels, remarks echoed by Katayama.
After Kihara’s comments, the yen slid further, sending the dollar above 162 yen for the first time in 40 years.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
