Japan Finance Minister Suzuki says he’s ready to act on yen’s decline By Reuters


© Reuters. Japanese Finance Minister Shunichi Suzuki speaks during an event about expanding health coverage for all during the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 18, 2024. REUTERS/Ken Cedeno/ File Photo

TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Wednesday that he would take necessary actions on currencies after the yen slid to a 38-year low against the dollar.

Japanese authorities are “deeply concerned” about the effect of the yen’s drop on the economy and are watching foreign-exchange moves with a high sense of urgency, Suzuki told reporters.


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