Japanese Finance Minister Satsuki Katayama on Friday put currency traders on notice, saying the government stands ready to act against speculative moves in foreign exchange markets as volatility has risen "significantly."
The yen, trading near the psychologically key 160-per-dollar mark, lingered at levels that have repeatedly stoked concerns of market intervention, underscoring growing unease in Tokyo over the speed and scale of its decline.
Source : Investing.com