Atsushi Mimura Photographer: Shoko Takayasu/Bloomberg.
- Atsushi Mimura, Japan’s vice finance minister for international affairs, warned of potential government intervention in forex markets.
- The yen approached the 160 level against the U.S. dollar, prompting concerns about speculative activity.
- Mimura cited growing concerns about speculation in both the foreign exchange and crude oil futures markets.
- The government has previously hinted at possible market intervention to stabilize the yen.
- Mimura’s remarks signal a readiness to take decisive action if market conditions persist.
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