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Japan vows to act ‘any time’ on yen as markets brace for intervention

Summary by WTVB

By Leika Kihara and Rocky Swift TOKYO, June 18 (Reuters) – Japan is ready to respond appropriately to exchange-rate moves at any time, the government’s top spokesperson said on Thursday as the yen’s renewed slide tests Tokyo’s resolve to prop up the sagging currency. “We are ready to respond appropriately to currency moves as needed at any time,” Chief Cabinet Secretary Minoru Kihara told a regular press conference, when asked about the ‌yen’s …

7 Articles

CNBC

Lean Left

Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

2 hours ago·Englewood Cliffs, United States

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Kyodo News+

Center

BREAKING NEWS: Japan to act decisively against speculative currency moves: finance chief

BREAKING NEWS: Japan to act decisively against speculative currency moves: finance chiefRead full story here

3 hours ago·Japan

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Reuters

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WTVB

Center

Japan vows to act 'any time' on yen as markets brace for intervention

6 hours ago·New York, United States

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The Straits Times

Lean Right

Japan vows to act ‘any time’ on yen after currency slides on Fed rate hike bets

Yen had wiped out gains made after Tokyo’s record intervention on April 30. Read more at straitstimes.com.

23 hours ago·Singapore

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Bloomberg

Lean Left

Yen Slides to Weakest Level Versus Dollar Since July 2024

Yen watchers are on alert for the risk of intervention by authorities to prop up the currency after it hit its weakest level against the dollar since July 2024.

2 days ago·New York, United States

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