Tokyo, April 30 (Jiji Press)–Japan’s Finance Minister Satsuki Katayama said Thursday that the country’s time to take “decisive action” against the yen’s rapid depreciation is “approaching.” Following Katayama’s remarks, the dollar briefly slipped below 160 yen after climbing as high as around 160.70 yen earlier in the day. END [Copyright The Jiji Press, Ltd.]
Japan Finance Chief Warns of “Approaching” Firm Action on Weak Yen
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