Japan's Former Currency Diplomat Says the Yen Is 'Clearly Too Weak,' Warns More Intervention From Tokyo and Washington Could Come 'at Any Time'
Japan and the U.S. could support the yen again 'at any time,' says former top currency diplomat Mitsuhiro Furusawa.
A Japanese money expert thinks the yen (Japan's currency) has become too weak compared to other countries' money, and Japan plus the U.S. might work together to make it stronger soon. When governments team up to change currency values, it can shake up how stocks and investments move around the world.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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