Senior ruling party official warns of potential action as Yen approaches 160 level
Key Takeaways: 💸 Party executive Takao Ochi stated that yen sliding towards 160 to the dollar could prompt policymakers to consider action 📉 Little active discussion on appropriate yen levels for intervention currently 🔄 General thinking within the LDP is to carefully evaluate the impact of yen weakness rather than rushing to reverse declines 🌍 … Read more