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Global Market: Japan warns against excessive currency volatility as Yen nears key threshold
Japan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. This comes after significant yen-buying intervention and a record drop in foreign reserves. Officials are exploring new ways to fund dollar support operations. Investors watch for further policy moves.
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adnkronos.com
Japan Signals Readiness to Act on Forex Moves
Tokyo, June 2 (Jiji Press)--Japanese authorities stand ready to respond appropriately as needed to volatile foreign exchange market moves, Finance Minister Satsuki Katayama said…
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cryptobriefing.com
Japan holds back on yen warnings as currency nears 160 level
Japan refrains from escalating yen warnings as the currency nears 160 per dollar, signaling a strategic shift with implications for crypto and risk assets.
