BOJ and government find talk not enough to stop yen's fall

Verbal intervention having little effect as market sees regulators' hands tied

20220909N Kuroda

Bank of Japan Gov. Haruhiko Kuroda has few policy options that can be used to halt the currency's slide. © Reuters

KENICHI ONOZAWA, Nikkei staff writer

TOKYO -- Japan's government and central bank are ramping up their verbal warnings to stem the yen's rapid descent, but such comments have had little success as the market sees little chance of actual intervention.

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