- Government taking appropriate steps on excessive, disorderly moves in FX market if necessary
- Expect BOJ to conduct monetary policy appropriately
- Important for FX market to move steadily and stably
It’s just some added verbal intervention, though they can be a little bit happier surely that the Japanese yen didn’t tumble further this week. It’ll be the first time the currency posts back-to-back weekly gains against the dollar since August
Japan chief Cabinet secretary says taking appropriate steps on disorderly FX moves