The depreciation of the yen against the dollar / the Japanese government began

According to IRNA’s report on Monday morning from the Financial Times, the Japanese financial market activists said that the country’s officials took action on Friday after seeing that each US dollar was traded at 94.151 yen and were able to increase the value of the yen against the US dollar. increase by 50.144 yen.

Meanwhile, Japanese Prime Minister Fumio Kishida said during his visit to Australia that his government will take the necessary measures to restore calm to the Tokyo financial market.

Kishida identified speculation in the financial markets as the main cause of these fluctuations and added: We cannot tolerate excessive fluctuations caused by speculative transactions.

The Prime Minister of Japan did not confirm the arrival of the Tokyo government to restore peace to the financial markets, but said: “We follow the developments of the currency market very carefully and sensitively.”

Informed sources close to the Japanese government said that the country’s officials spent 20 billion dollars in September to prevent the yen from falling against the US dollar.