Japan Ready to Act on Currency Volatility 24 Hours a Day
Finance Minister Satsuki Katayama stated that officials are on standby to address yen volatility ahead of the Golden Week holidays. Markets await the Bank of Japan interest rate decision and Governor Kazuo Ueda's outlook on future hikes.
Xurve View
洞察:
Xurve View
Japan's Finance Minister Satsuki Katayama announced on Tuesday that the government remains on high alert, prepared to intervene in the foreign exchange market at any time to combat excessive volatility. Speaking at a regular news conference, Katayama emphasized that authorities are monitoring the USD/JPY exchange rate and other currency movements with constant vigilance, even as the country prepares for the upcoming Golden Week holidays.
