Treasurer Kanda emphasizes “serious concerns” about the rapid depreciation of the yen

6/26/2024 at 10:50 PM GMT+9

Treasurer Kanda Masato said on the 26th about the current exchange rate, “We have serious concerns about the recent rapid progress of yen depreciation, and we are closely watching market trends with a high sense of alarm.” On the night of the same day, I responded to coverage by the press within the Ministry of Finance. It was emphasized that “necessary responses will be taken” for movements that have gone too far.