Japan Confirms Joint FX Intervention with U.S., Says Won't Hesitate for More
Japan confirms joint FX intervention with U.S., says won't hesitate for moreTOKYO, Aug 3 -Japan's Finance Ministry said it conducted coordinated yen-buying intervention with the United States on Friday to address recent "excessive volatility and disorderly movements" in the yen, adding it would not hesitate to take further action.In a statement issued on Monday, Finance Minister Satsuki Katayama said the ministry "remains attentive and in close communication with counterparts at the U.S. Treasury".