JPY USD: Japan FX Chief Warns No Options Ruled Out After Yen Falls to Key Level

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JPY USD: Japan FX Chief Warns No Options Ruled Out After Yen Falls to Key Level

Japan’s top currency official warned that authorities will consider all their options for the foreign exchange market and are ready to respond to any

Japan’s top currency official warned that authorities will consider all their options for the foreign exchange market and are ready to respond to any event after the yen fell to its lowest level versus the dollar since 1990.

“Whether this involves currency intervention or not, we authorities are prepared for all situations all the time,” Vice Finance Minister for International Affairs Masato Kanda told reporters Thursday morning.

www.bloomberg.com

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