TOKYO: Japan will take decisive action in the currency market if needed, Finance Minister Satsuki Katayama said on Wednesday, signalling Tokyo's readiness to intervene in the market as the yen slid to a 40-year low.
Chief Cabinet Secretary Minoru Kihara also said on Wednesday the government was ready to "respond as appropriate at any time" in a sign of Tokyo's alarm over the sagging currency, which pushes up the cost of imports and broader inflation.
