Japan's Katayama: Japan lacks effective means to combat yen's sharp falls

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Japan's Katayama: Japan lacks effective means to combat yen's sharp falls

<p>Japan
ruling party official Katayama: </p><ul><li>Japan lacks effective means to combat
yen's sharp falls</li><li>conducting solo fx intervention likely won't be that effective in
stemming sharp yen falls</li></ul><p>---</p><p>These hardly seem like helpful comments given Japanese officials want to stem the decline of the yen. </p><p>"Not now Katayama"</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Japan's Katayama: Japan lacks effective means to combat yen's sharp falls

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