Japan's Finance Minister Kato - recently, there have been one-sided, rapid market moves

  • Some verbal intervention from Kato here - yen is strengthening in response

Japan's Finance Minister Kato declined to comment on foreign exchange.

  • Recently, there have been one-sided, rapid market moves.
  • It is important for currencies to move in a stable manner that reflects fundamentals.
  • Appropriate action will be taken against excessive movements.
  • Monetary policy decisions are up to the Bank of Japan.
usdyen kato intervention 07 March 2025 2

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