Reported 11 months ago
Japan's Finance Minister Suzuki reiterated warnings after the Japanese yen dropped to its lowest level against the US dollar since 1986. Suzuki stated that Japan is prepared to take necessary actions to defend its currency and emphasized the importance of stability in the exchange rate, expressing concern over sudden and one-sided movements that could impact the economy. Japanese officials are closely monitoring the situation as the yen traded at 160.45 per dollar in Tokyo.
Source: YAHOO