Japan plans strong response to yen swings

Japanese Finance Minister Satsuki Katayama has confirmed that the government will implement decisive and flexible measures to address the fluctuations of the yen, emphasizing that no specific exchange rate levels have been set. She indicated coordination with the United States and the possibility of taking joint measures to safeguard financial stability if necessary, amid the Japanese currency's involvement in global monetary policy divergences. Katayama is known for her bold decision-making, and her comments come amid cautious monitoring by investors of yen volatility.

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