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Japan's Finance Minister warns of speculative yen trading, signals readiness to intervene.
Japan's Finance Minister, Katsunobu Kato, warned against rapid and speculative movements in the foreign exchange market, particularly concerning the yen's value.
He stated the government is prepared to take action to stabilize currency fluctuations.
This comment follows the yen's recent drop to a five-month low against the dollar, with concerns over speculative trading and economic uncertainties.
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El Ministro de Finanzas de Japón advierte sobre el comercio especulativo de yenes, señala disposición a intervenir.