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Japan's top currency diplomat flags ongoing yen concerns

Vice-minister of Finance for international affairs says authorities remain on high alert over foreign exchange developments, without specifying target levels.

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Sophie Laurent · FX & Rates Desk · 4 Sept 2026 · 00:54 · 1 min read
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Japan's top currency diplomat flags ongoing yen concerns

Japan's top currency diplomat warned on Thursday that authorities continue to maintain a heightened state of alert regarding foreign exchange market developments, signaling persistent concern over the yen's trajectory.

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Atsushi Mimura, vice-minister of Finance for international affairs, told reporters he remains "neither satisfied nor at ease" with recent market dynamics. He declined to comment on specific exchange rate levels or individual currency movements, underscoring the cautious stance adopted by policymakers.

Mimura emphasized that Japan's foreign exchange monitoring remains at an elevated alert level, reflecting ongoing vigilance amid shifting global financial conditions. The remarks come as the yen continues to face pressure in currency markets, prompting close scrutiny from authorities.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

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