Japan's Chief Cabinet Secretary Minoru Kihara confirmed that the government is closely monitoring foreign exchange market movements and stands ready to intervene if necessary, according to FX Street.
Speaking on Tuesday, Kihara emphasized that officials remain prepared to take appropriate action to stabilize the forex market whenever required, highlighting the administration's vigilance amid recent currency fluctuations.
This proactive stance comes as Japan continues to face challenges from volatile FX conditions, which have significant implications for its export-driven economy and monetary policy outlook.