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Currencies

Japan worried about 'rapid' slide of yen to below 144 per dollar

Comment by official seen as warning of intervention as currency hits 24-year low

The has fallen beyond 144 yen per dollar, prompting comments by a top Japanese official.   © Reuters

TOKYO (Reuters) -- Japan's government wants to act if "rapid, one-sided" moves seen in the currency market recently continue, the country's top government spokesperson warned on Wednesday as the yen slid to a fresh 24-year low.

The comments marked officials' latest verbal warning against the fall of the yen, which weakened beyond 144 yen per dollar slumping about 1.5% on Tuesday.

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