Japan’s Katayama: Ready to Act on Currency as Needed

Japan’s Finance Minister Satsuki Katayama reiterated on Thursday that the government is ready to take appropriate action on the currency whenever needed. The remark signals Tokyo’s ongoing vigilance against excessive yen volatility.

The comment comes amid persistent pressure on the yen, which has weakened significantly against the dollar this year. Markets will watch for any direct intervention or stronger verbal warnings.

No specific measures were announced, but the statement reinforces Japan’s stance that it stands ready to counter disorderly moves in the foreign exchange market.