Japan’s Katayama says ready to act on currency moves whenever necessary
Japan’s Finance Minister Satsuki Katayama said on Friday that the authorities are ready to act on currency moves whenever necessary.
Key quotes
Will not discuss particular FX levels.
Ready to act on currency moves whenever necessary.
Ready to take resolute steps if required.
Ready to take decisive steps on currency if necessary.
Market reaction
At the time of writing, USD/JPY is up 0.02% on the day at 162.43.
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