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flag Japan's finance minister warns of yen volatility amid near-nine-month low, signaling possible intervention.

flag Japan's Finance Minister Satsuki Katayama warned of rapid, one-sided yen movements after the currency hit a near-nine-month low of 154.50 against the dollar, driven by rising U.S. yields and reduced expectations of a Fed rate cut. flag She emphasized the government's urgent monitoring of foreign exchange markets, stressing that exchange rates should reflect fundamentals and remain stable. flag While no immediate intervention was confirmed, her remarks signaled concern over volatility and inflation risks. flag The yen briefly recovered to around 154.15 after her comments.

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