Home All NewsFinancial NewsJapan will act ‘swiftly’ if it intervenes in FX market – Finance Minister

Japan will act ‘swiftly’ if it intervenes in FX market – Finance Minister

by Reuters

TOKYO (Reuters) – 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.

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.

(Reporting by Tetsushi Kajimoto and Leika Kihara; Editing by Andrew Heavens)

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