A hawkish pause by the U.S. Federal Reserve pushed the Japanese yen down to near 150 against the dollar, the level seen as Tokyo's limit for possible intervention.
An undated photographic illustration of Japanese yen and the U.S. dollar bank notes.Japan won't rule out any options in addressing excess volatility in currency markets, the government's top spokesperson said on Thursday, issuing a fresh warning against the yen's decline towards the psychologically important 150-mark per dollar.
"It's important for currencies to move stably reflecting fundamentals," Matsuno told a regular briefing, when asked about the yen's recent declines. A hawkish pause by the U.S. Federal Reserve pushed the Japanese yen down to around 148.39 against the dollar on Thursday, near the 150 level seen as Tokyo's line-in-the-sand for possible currency intervention.
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