Global Economy
Japanese Finance Minister Katayama says seeing one-sided, rapid forex moves, adds will communicate with the US Treasury and respond accordingly
ORIGINAL · NewsquawkJapanese Finance Minister Katayama says seeing one-sided, rapid forex moves, adds will communicate with the US Treasury and respond accordinglyRead originalHide original
Confirms they decided to bring forward utility subsidies for winter, tapping reserve funds.
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Katayama said Japan would communicate with the US Treasury over rapid currency moves, as the dollar had neared 160 yen and prior joint intervention had only briefly strengthened the yen.
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Confirms they decided to bring forward utility subsidies for winter, tapping reserve funds.
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