Japan Finance Minister Warns Against Speculative Yen Selling as Currency Hits 5-Month Low
2025-01-07
MSN
Japan's Finance Minister Katsunobu Kato issued a warning against speculative yen selling, as the Japanese currency plummeted to a five-month low below 158 per dollar amidst volatile trade. The Japanese government is growing increasingly concerned about foreign exchange developments and their impact on the economy. With the yen's value continuing to decline, the government is taking steps to mitigate the effects of currency fluctuations on trade and investment. Key issues include exchange rate volatility and currency risk management, which are crucial for Japan's economic stability and foreign exchange market
