Economy

Japan's Finance Minister Vows to Act Against Erratic Yen Fluctuations

Concerns Over Yen's Volatility

Japan's Finance Minister, Katsunobu Kato, has expressed deep concern over the recent erratic and one-sided movements in the foreign exchange markets. The sharp fluctuations in the yen have raised eyebrows and prompted the government to take notice.

Government's Response

In response to these concerns, Kato stated that the government is closely monitoring the situation. Appropriate action will be taken to address these excessive fluctuations in the yen. The minister also emphasized the ongoing coordination with international authorities to ensure effective forex policy management.