Japanese Finance Minister Shunichi Suzuki says all options are on the table in countering excessive movements in the currency market, continuing his verbal warnings as the yen edges closer to 150 against the U.S. dollar.
The yen briefly rose to the 129 level against the U.S. dollar from the mid-131 level on Feb. 10 over reports that the government will tap a former Bank of Japan Policy Board member as the central bank's new chief.
The yen briefly rose to the 129 level against the U.S. dollar from the mid-131 level on Feb. 10 over reports that the government will tap a former Bank of Japan Policy Board member as the central bank's new chief.
The Japanese yen tumbled against the dollar on Friday after the Bank of Japan bucked a wave of tightening and stuck with its ultra-accommodative stance, adding to soaring volatility in currency markets hit by a series of rate hikes this week.