Japanese Foreign Minister: The Government May Intervene Again In The Market To Intervene In The Yen Exchange Rate.

　　 Japan Foreign minister Maehara Makotoshi (Seiji Maehara) said on Friday (September 24th) that the Japanese government decided to prevent further appreciation of the yen and raised the possibility of further intervention in the yen.

In an interview with a foreign media, Maehara Makotoshi said that the appreciation of the yen has exceeded the actual performance of the Japanese economy, and speculation has made the Japanese yen appreciate sharply against the US dollar.

He also said: " Yen The appreciation should be stopped. In the future, the Japanese government may show its anti Japanese yen. appreciation Firm determination. "

Maehara Makotoshi also said that Japan will maintain close cooperation with the United States and the European Union (EU) in the future foreign exchange market intervention. The Japanese government will make its economic partners aware of its actions, but it is not expected that other countries will jointly intervene with Japanese authorities in the Japanese dollar exchange rate.

During the Asian session on Friday, investors in the foreign exchange market were nervous because there were reports that the Japanese government had intervened in the foreign exchange market in a "sneak attack". But Japanese government officials refused to comment on it.

In September 15th, the Japanese authorities intervened through the sale of 1 trillion and 800 billion yen. Japanese government officials are beginning to worry more about the strength of the yen or damage the country's large exporters, which is crucial to the Japanese economy.

Beijing time 02:30, USD / yen reported 84.38/40.