Tokyo, Jan. 26 (Jiji Press)–Japanese Finance Minister Satsuki Katayama on Monday declined to comment on possible joint currency market interventions by Japanese and U.S. authorities. “There is nothing I can say at this point,” Katayama told reporters after the dollar plunged below 154 yen in Tokyo trading Monday to hit its lowest level in about two and a half months. The minister also avoided making comments on the yen’s advance. “We are monitoring market conditions with a sense of tension,” she said, adding that Japan is taking action based on a joint Japan-U.S. statement issued last year. END [Copyright The Jiji Press, Ltd.]
Japan Finance Min. Mum on Possible Joint Forex Intervention
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