Category: readiness

  • Japan warns against rapid FX moves, reiterates readiness for action By Reuters

    Written by Makiko Yamazaki and Yoshifumi Takemoto TOKYO (Reuters) – Japan is always ready to take action against excessive market moves, Tokyo’s chief currency diplomat Masato Kanda said on Monday, as the yen fell to nearly 160 yen to the dollar, sparking market caution about the possibility of new intervention.…

  • Japan issues fresh warning on yen drops, signals readiness to intervene By Reuters

    Written by Laika Kihara STRESA, Italy (Reuters) – Japan is ready to take appropriate market action “at any time” to counter excessive movements in the yen, Japan’s top currency diplomat Masato Kanda said on Friday, issuing a new warning about the chance of a renewed exchange rate. Interference rate. Kanda…