© Reuters. SUBMIT IMAGE: Banknotes of Japanese yen are seen in this illustration photo taken September 22, 2022. REUTERS/Florence Lo/Illustration
TOKYO (Reuters) -Japan’s Finance Minister Shunichi Suzuki stated on Friday he would not dismiss any choices on currencies as the dollar broke above 148 yen to the dollar, alerting versus yen sell-offs that would harm trade-reliant Japan.
Suzuki informed press reporters after a cabinet conference he is carefully interacting with currency authorities when inquired about intervention to stem yen weak point.
Interventions Japan carried out last September and October had particular results in the currency market, he stated, and he would not dismiss any choices if currency volatility ends up being extreme.
“We are closely watching currencies with a high sense of urgency,” Suzuki stated.