Finance Minister Kato said he is “deeply concerned” about recent moves, including those driven by speculators. — Bloomberg
TOKYO: Japan flagged its concern over sudden and one-sided moves in the currency market in its first warning to speculators in 2025 after the yen hit its lowest level since July.
“We will take appropriate action if there are excessive movements in the currency market,” Finance Minister Katsunobu Kato told reporters yesterday, in a veiled threat of direct intervention.
