Japan will act 'swiftly' if it intervenes in FX market: Finance Minister
Japanese Finance Minister Shunichi Suzuki attends the G20 Finance Ministers Meeting in Nusa Dua, Bali, Indonesia on Jul 16, 2022. (File photo: Reuters/Sonny Tumbelaka)
TOKYO: Japanese authorities will act "swiftly without any interruption" if they decide to intervene in the currency market to stem sharp yen falls, Finance Minister Shunichi Suzuki said on Wednesday (Sep 14).
The Ministry of Finance will not announce any plans to intervene in advance, and usually will not confirm it stepped into the market after doing so, Suzuki told reporters.
Source: Reuters/st
