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Japan's top govt spokesman: In close communication with U.S. Treasury to maintain FX market order
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Japanese Chief Cabinet Secretary Minoru Kihara stated that Japan is maintaining close communication with the U.S. Department of the Treasury in order to preserve order in the foreign exchange market. The statement, reported by financial news outlet Jin10, underscores ongoing coordination between the two governments on currency market stability. Kihara's remarks come amid continued volatility in the yen and heightened attention to potential intervention by Japanese authorities to counter excessive currency fluctuations. The communication with the U.S. Treasury signals a shared interest in preventing disorderly market moves, though no specific actions or measures were announced. The comment reflects Japan's standard policy of monitoring and, if necessary, acting to stabilize the foreign exchange market, while keeping allied partners informed.
Source report
Japanese Chief Cabinet Secretary Minoru Kihara stated that the government is maintaining close communication with the U.S. Treasury Department in order to preserve order in the foreign exchange market.
Source
金十数据Regional
Part of this Story
Japan signals readiness for further coordinated forex intervention with US to curb yen volatility