Japan's Kihara: Always Ready to Take Necessary Action on Forex

Japan's Chief Cabinet Secretary Minoru Kihara stated on Tuesday that officials are always prepared to take necessary action regarding foreign exchange. The comment was made during a regular press conference, reiterating Tokyo's long-standing stance on currency volatility.

Kihara declined to provide any specific remarks on current forex levels or potential intervention triggers, sticking to the standard formulation without adding new details. Markets typically interpret such language as a warning against aggressive speculative moves on the yen.