A foreign exchange market intervention is the "ultimate means of sending a message" to market participants, Japanese Vice Finance Minister for International Affairs Atsushi Mimura said. https://www.japantimes.co.jp/business/2026/06/04/forex-tool-intervention/?utm_medium=Social&utm_source=mastodon #business #forex #dollar #yen #financeministry #atsushimimura
Japan official calls forex intervention a key tool to send message

Such intervention should be used when foreign exchange market moves that clearly deviate from economic fundamentals persist, Mimura said.

The Japan Times
The role of the Group of Seven major powers including Japan is increasing as the international community is growingly divided amid rising geopolitical tensions, Japan's top financial diplomat has said. https://www.japantimes.co.jp/business/2024/12/30/economy/top-currency-diplomat-interview/?utm_medium=Social&utm_source=mastodon #business #economy #financeministry #currencies #atsushimimura #g7 #g20
Japan sees G7 role increasing in divided world

'There are not many countries like Japan that can speak with the U.S. on equal terms,' said top financial diplomat Atsushi Mimura.

The Japan Times
There’s a new 'Mr. Yen' in town

No matter what the Bank of Japan or the Finance Ministry do, ultimate control over the yen's value lies in the hands of U.S. Federal Reserve Chair Jerome Powell.

The Japan Times
Japan appointed a new top foreign exchange diplomat on Friday as the yen plumbed a 38-year low against the dollar, heightening expectations of imminent market intervention by Tokyo to shore up the battered currency. https://www.japantimes.co.jp/business/2024/06/28/markets/new-forex-diplomat/ #business #markets #currencies #yen #japaneseeconomy #financeministry #dollar #forex #atsushimimura #masatokanda
Japan names new forex diplomat as yen hits 38-year low

Atsushi Mimura, a financial regulation veteran, replaces Masato Kanda, who launched the biggest yen-buying intervention on record this year.

The Japan Times