Japan says ready to act as yen hits 40-year low
- TOKYO: Japan's finance minister said on Tuesday (Jun 30) that authorities were ready to take "appropriate action" after the yen hit a 40-year low against the dollar.
- The currency has been sliding for years and has come under renewed pressure because of the Middle East war and the gap in US and Japanese interest rates.
- Satsuki Katayama said Japan "will take appropriate action at any time as necessary", local media reported.
Unverified
- TOKYO: Japan's finance minister said on Tuesday (Jun 30) that authorities were ready to take "appropriate action" after the yen hit a 40-year low against the dollar.
- The currency has been sliding for years and has come under renewed pressure because of the Middle East war and the gap in US and Japanese interest rates.
- Satsuki Katayama said Japan "will take appropriate action at any time as necessary", local media reported.
Sources: CNA