Japan’s Katayama says to prepare to take decisive steps on FX
Japan’s Finance Minister Satsuki Katayama said on Monday that officials were prepared to take decisive steps on foreign exchange. Policymakers declined to comment on specific currency levels.
Key quotes
Will not comment on forex levels.
Financial markets including forex highly volatile.
Prepared to take decisive steps on foreign exchange.
Market reaction
At the time of writing, the USD/JPY pair is down 0.22% on the day at 159.38.
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