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Economic news

Japan to respond appropriately to excessive yen volatility, official says

06/24/2024

Less than a minute

2024.06.24 22:20

© Reuters. FILE PHOTO: Japan's Chief Cabinet Secretary Yoshimasa Hayashi attends a press conference at Prime Minister Fumio Kishida's official residence in Tokyo, Japan December 14, 2023. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – Japanese Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday the authorities are closely watching currency moves and will respond appropriately to excessive volatility.

Hayashi, the country’s top government spokesperson, made the comments at a regular press conference as the battered yen languished near the 160 per dollar level.

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06/24/2024

Less than a minute