Japan’s Finance Minister Satsuki Katayama said the government is prepared to take decisive action against speculative activity in the foreign exchange market, while BOJ Deputy Governor Ryozo Himino said the central bank will continue with further rate hikes.
Odaily, citing Jinshi, reported that Japanese Finance Minister Satsuki Katayama said the Japanese government is prepared to take decisive action against speculative activity in the foreign exchange market. Her remarks centered on order in the currency market and stated the government’s position toward speculative trading behavior.
In the same report, Bank of Japan Deputy Governor Ryozo Himino said the BOJ will continue to raise interest rates further. The finance minister’s comments relate to fiscal and exchange-rate policy communication, while the deputy governor’s remarks address the direction of monetary policy. Together, the two statements formed the latest public messaging from Japanese officials on foreign exchange activity and interest rates.
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