Japan will respond appropriately to excessive volatility in the foreign exchange market, its top currency diplomat says in a fresh warning against "speculative" and "disorderly" yen moves after market talk of interventions last week.
Japan is closely watching currency movements and is ready to take all necessary steps, Finance Minister Shunichi Suzuki says, amid market caution about intervention to slow the yen's fall to 34-year lows against the U.S. dollar.
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Naohiro Yashiro is specially appointed Professor at Showa Women’s University. Yashiro’s notable contributions span various fields, including labour economics, social security and the Japanese economy. As former president of the Japan Center for Economic Research and a member of influential advisory boards such as the Regulatory Reform Committee and the Council of Economic and Fiscal Policy, Yashiro has played a key role in shaping economic policies in Japan. Yashiro’s research, published in both Japanese and English, covers topics like the economic effects of aging, health care issues and the regulatory reform. Yashiro has a Doctor in Philosophy in economics from the University of Maryland.