Japan's top foreign exchange official Jun Mimura said on the 12th that the recent trend in the foreign exchange market seems to be too rapid. He made the above statement in response to questions from reporters at the Ministry of Finance, but declined to comment on the current exchange rate level. He also mentioned the intervention to buy yen this summer, saying “it's still too early to forget the memories of that time.” In the foreign exchange market on the morning of the 12th, the exchange rate of yen against the US dollar traded above the 159 yen range, lower than the evening of the previous trading day.

Japan's top foreign exchange official Jun Mimura said on the 12th that the recent trend in the foreign exchange market seems to be too rapid. He made the above statement in response to questions from reporters at the Ministry of Finance, but declined to comment on the current exchange rate level. He also mentioned the intervention to buy yen this summer, saying “it's still too early to forget the memories of that time.” In the foreign exchange market on the morning of the 12th, the exchange rate of yen against the US dollar traded above the 159 yen range, lower than the evening of the previous trading day.