Japanese Finance Minister Shunichi Suzuki emphasized the bank's vigilance regarding foreign exchange (FX) fluctuations in a statement on Friday.
He refrained from providing specifics regarding forex and policy details but stressed preparedness to take necessary actions when deemed appropriate. Suzuki highlighted both positive and negative aspects associated with a weaker yen, stating, "We will take all necessary measures when needed."
Earlier in April, the Japanese yen experienced a significant decline against the United States dollar, reaching levels not seen since 1990 and also dropped to a 16-year low against the euro.