Japan's Finance Minister warns of yen depreciation and prepares to intervene in the market
Japan's Finance Minister Shunichi Suzuki warned speculators that she is prepared to take action in the foreign exchange market again if necessary, after the yen's exchange rate against the dollar hit a monthly low due to rising U.S. inflation data. Suzuki stated that the positions of both countries have not changed since the joint intervention in July to support the yen.
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