Japanese Finance Minister Satsuki Katayama said authorities were ready to respond appropriately at any time, without giving stronger signals. The sharp decline has fuelled growing speculation that Tokyo could be edging closer to direct intervention to support the currency.

The slump continues in the face of regime change at the Bank of Japan, which ended a negative-interest rate policy in 2024, raising expectations for a revival in the currency.

TOKYO, June 30 : Japanese Finance Minister Satsuki Katayama reiterated on Tuesday that authorities stood ready to respond to currency moves, keeping the rhetoric unchanged despite…

The Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen continues to weaken due to a significant…

The yen sank past 161.96 per dollar for the first time since 1986 in London trade on Monday.

Markets weigh Takaichi's stance against pressure from weakening currency