finance

Japan ready to act as yen volatility rises near 160

Finance Minister Satsuki Katayama warned the government will act against speculative moves after a significant rise in foreign exchange and crude oil volatility as the yen hovers near 160 per dollar.

Apr 3rd 2026 · Japan

Insights

  • Finance Minister Satsuki Katayama said FX and crude oil futures volatility has increased significantly.
  • The yen is trading near the psychologically key 160 per dollar, raising intervention concerns.
  • The government stands ready to respond fully on all fronts to curb speculative moves.
  • Katayama said monetary policy tools are a decision for the Bank of Japan.