© Reuters. FILE PHOTO: Japan’s Finance Minister Shunichi Suzuki bows his head as he finishes his news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen in Tokyo, Japan September 22, 2022. REUTERS/Kim
(Corrects dateline to Washington, Oct 12, not Tokyo, Oct 13)
WASHINGTON (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Wednesday the government would take decisive action in the currency market if speculative moves were seen in the yen.
“It’s not as if we have a specific (dollar/yen) level in mind. Instead, we’re looking at volatility,” Suzuki told reporters after attending the G7 and G20 finance leaders’ meeting in Washington.
(This story has been corrected to fix the dateline to Washington, Oct 12, not Tokyo, Oct 13)
Source: Reuters