YEN INTERVENTION

Japan’s top money officials are keeping traders on edge, hinting that the government might step in to steady the yen whenever it feels necessary. The Finance Minister said Tokyo would “respond appropriately to currency moves at any time, ” a line that has sparked speculation as the yen slipped close

The Japanese currency slipped past the 160‑dollar level, a threshold that once triggered government action. This drop happened after the yen lost gains it had earned from a huge buying spree by Tokyo last month. Finance Minister Satsuki Katayama told reporters that the government can act on fo