Eisuke Sakakibara, 'Mr Yen', Cautions on Potential Yen Intervention

Wednesday, 20 March 2024, 05:56

Former Japan vice-minister for finance and international affairs, Eisuke Sakakibara, popularly known as 'Mr Yen', raised concerns over a possible intervention by Japan if the yen weakens to the 155 level. The statement reflects the ongoing efforts to stabilize the Japanese currency amid global economic uncertainties.
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Eisuke Sakakibara, 'Mr Yen', Cautions on Potential Yen Intervention

Eisuke Sakakibara, Aka 'Mr Yen'

Former Japan vice-minister for finance and international affairs, Eisuke Sakakibara, known as 'Mr Yen', has expressed his views on the potential intervention by Japan if the yen falls to 155.

Key Points:

  • Economic Expertise: Sakakibara holds significant experience in financial and international matters.
  • Market Influence: His past interventions have impacted the Japanese currency.
  • Current Concerns: Remarks highlight ongoing efforts to stabilize the yen amid economic uncertainties.

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.


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