Former Japan MoF FX head says does not believe govt wants yen intervention right now

  • Ex-deputy finance minister Hiroshi Watanabe was past-head of the unit responsible for yen intervention at the Ministry of Finance

Says he doesn't believe believe the Japanese government intends to intervene in the forex market right now.

  • USD/JPY at 130 and 135 are not a disaster for Japan's economy

The ex min was speaking in a Bloomberg interview on the hot topic right now.

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