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Japanese Yen’s Falls Could Draw More Concerns From Policymakers
The Japanese yen’s sharp falls could draw further concerns from policymakers in Japan and abroad, MUFG Bank’s Lee Hardman said in a note.
Japan’s finance minister Satsuki Katayama said she and Treasury Secretary Scott Bessent shared concerns about the yen’s weakness in a meeting Monday.
“The discussions will further heighten speculation over Japan intervening in the FX market to support the yen if it continues to weaken,” Hardman said.
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