Japan keeps watch that financial system is recovering, but warns about sector volatility
The central federal government maintained its view that the economy is recovering reasonably in its
The central federal government maintained its view that the economy is recovering reasonably in its regular report for September, but reinstated Friday its warning about money current market volatility following a sharp drop in the yen prompted it to intervene to aid the currency.
Marketplace fluctuations call for “full interest,” the Cabinet Business office explained, underscoring a heightened perception of vigilance about the detrimental economic effect of volatility that has sent the yen to its lowest stage in 24 yrs versus the U.S. dollar.
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