Japanese government adviser: No need to wait for the 160 level, the Kishida administration will intervene in the yen more actively.
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Japanese government advisors state that the Sanae Takamichi administration will take a more proactive stance in intervening with the yen to curb inflationary pressure caused by the currency’s weakness, and the threshold for intervention may be lower than the widely expected 160-yen mark.
Takuji Aida, Chief Economist at Norinchukin