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The Japanese yen strengthened past 158 per dollar on Thursday, reaching a one-week high after Finance Minister Satsuki Katayama warned that authorities were prepared to intervene in the currency market again if necessary. She also emphasized that Washington and Tokyo’s position remained unchanged following their joint
The Japanese yen steadied around 157.5 per dollar on Tuesday, holding its recent gains as fresh verbal warnings from Tokyo lent support to the currency. On Monday, Japan’s top currency official Atsushi Mimura said the country’s prime minister and finance minister, together with the US, had delivered a “very clear” mess