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Japan Ready to Act on Yen

Japanese Finance Minister Satsuki Katayama stated the government is prepared to take decisive action in currency markets. Her remarks come as the yen weakened against the dollar following recent fiscal policy announcements.

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Japan's Finance Minister Satsuki Katayama attends the lower house committee on finance and financial affairs session at the parliament in Tokyo, Japan, October 21, 2026. REUTERS/Issei Kato

Japan warned it is prepared to intervene in foreign exchange markets as the USD/JPY exchange rate slipped toward 157.73 on Tuesday afternoon.