Currencies
Japan Tries to Maintain Mystery on Whether it Intervened on Yen
- Top FX official Kanda declines to say if stepped into market
- Latest move is second suspected yen intervention this week
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Japan’s top currency official declined to say if authorities stepped into the foreign exchange market early Thursday as Tokyo stuck to its tactic of leaving investors in the dark over its intervention strategy.
“I have nothing to say now on whether we intervened in the foreign currency market,” Masato Kanda, vice minister for international affairs, told Bloomberg News on Thursday. “We will disclose intervention data at the end of this month.”