By Megumi Fujikawa
TOKYO–The Japanese authorities stands able to take motion if the yen weakens too sharply, Finance Minister Shunichi Suzuki mentioned Tuesday.
“We’re watching [the foreign exchange market] with a robust sense of urgency,” Suzuki mentioned at a information convention on Tuesday. “We’ll take each doable measures” in opposition to extreme strikes within the yen.
Suzuki reiterated that the federal government wasn’t concentrating on any particular yen degree however specializing in volatility. The yen was final at round 149.85 in opposition to the greenback.
Write to Megumi Fujikawa at megumi.fujikawa@wsj.com
