TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Thursday that he would take necessary actions on currencies after the yen slid to a 38-year low against the dollar.
Japanese authorities are “deeply concerned” about the effect of the yen’s drop on the economy and are watching foreign-exchange moves with a high sense of urgency, Suzuki told reporters. (This story has been refiled to correct the day to Thursday from Wednesday in paragraph 1)