Japan's Finance Minister Warns of Possible Decisive Action Against Yen Weakness
Wednesday, 27 March 2024, 06:03
Japan Issues Strongest Intervention Warning
TOKYO (Reuters) - Japan's finance minister sounds alarm as yen hits 34-year low against dollar. Authorities consider 'decisive steps' amid potential intervention.
Key Points:
- Finance Minister Suzuki signals readiness for action.
- Yen weakens following strong U.S. data.
- Market intervention echoes previous tactics to bolster currency.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.