Japan's new currency diplomat keeps intervention on table to stabilise yen

Q: How long will it take to read this news story?

The story "Japan&#039;s new currency diplomat keeps intervention on table to stabilise yen" has 594 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Japan&#039;s new currency diplomat keeps intervention on table to stabilise yen" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 45 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21858473</li><li>URL: https://beamstart.com/news/japans-new-currency-diplomat-keeps-17223544038669</li></ul>

Channel News Asia Logo Channel News Asia 3h ago

Japan's new currency diplomat keeps intervention on table to stabilise yen - Channel News Asia

Quick Summary:

TOKYO: Japan will retain its basic approach on the yen with intervention remaining an option to tackle excessively volatile moves in the exchange rate, the country's new top currency diplomat Atsushi Mimura told Reuters.

His predecessor, Masato Kanda led massive bouts of yen-buying intervention in 2022 and 2024 during three years in the position and was also known to aggressively warn markets against pushing down the yen.

Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan, on Nov 21, 2022.