Japanese government takes measures to prevent yen from falling


September 23, Fineko/abc.az. Japanese Prime Minister Fumio Kishida said on 22 September that the government will continue taking the necessary steps to counteract dangerous actions in the market in order to prevent the fall of the country's national currency.

ABC.AZ reports that Kishida, who spoke in New York on Thursday, said that the exchange rate is regulated by the market, but because of speculation, they are forced to intervene.

On 22 September, the Central Bank of Japan and the Treasury bought the yen and sold the dollar for the first time since 1998.