Japan’s Hamada: Should intervene in FX market if USD plunges 7-8 yen per day

Adviser to the Japanese PM Abe, Koichi Hamada, told Reuters that if the USD drops 7-8 yen on a daily basis, then Japanese authorities need to intervene.

Key Headlines:

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Japan should intervene in FX mkt if dollar plunges 7-8 yen per day