日元跌至40年低点，片山皋月仍保持“稳定”基调

Odaily reports that although the yen has fallen to its lowest level against the US dollar since 1986, Japanese Finance Minister Shunichi Kato said Japan will be ready to take appropriate action in the foreign exchange market at any time, consistent with her recent statements. "Most importantly, we are ready to take appropriate action whenever necessary," Kato said. When asked if her wording had changed, Kato said her communication style had remained 'consistent' and that she only used the phrase 'bold action' when pressed. The market usually interprets this phrase as a threat that the Japanese government might directly intervene in the foreign exchange market, also implying that she may not currently be inclined to send a stronger signal of intervention. To date, Kato has repeatedly issued verbal warnings but has failed to stop the yen from continuing to weaken. Additionally, Chief Cabinet Secretary Minoru Kihara also said Japan will take appropriate action in the foreign exchange market as needed. Kato declined to comment on specific exchange rate levels. (Jinshi Data)