Japan's Top FX Diplomat Mimura: Intervention a necessary measure to counter speculationAtsushi Mimura, Japan's newly appointed Vice Finance Minister For International Affairs and top foreign exchange official, said in a Bloomberg interview Monday that "while the recent depreciation of the yen has both advantages and disadvantages, the demerits are becoming more noticeable." Additional comments Intervention among the measures available to counter speculation that weighs excessively on the currency.
Source: Japan's Top FX Diplomat Mimura: Intervention a necessary measure to counter speculation (https://www.fxstreet.com/news/japans-top-fx-diplomat-mimura-intervention-a-necessary-measure-to-counter-speculation-202407310106)