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Woofun AI reports that the Japanese yen has declined to its weakest position against the US dollar in 40 years, tracing back to 1986. Finance Minister Shunichi Suzuki stated that Japan remains prepared to take "appropriate action" whenever necessary, describing his communication style as "stable."
Suzuki reserved the term "bold action" for only when explicitly pressed, a phrasing often interpreted by markets as a precursor to direct intervention. Chief Cabinet Secretary Yoshimasa Hayashi echoed the stance, confirming readiness for action without specifying exchange rate targets. Suzuki declined to comment on specific currency levels.