TOKYO -- Comments by Japan's top currency diplomat on Wednesday suggest that Tokyo may be ready to defend the currency even from moderate declines, market watchers said, as high inflation remains a risk.
Currencies
Japan hints that even slow yen sell-off may trigger intervention
Tokyo seen taking broader view of 'excessive volatility' on inflation fears
Further yen depreciation against the dollar could spark renewed inflation in Japan after a period of falling import prices. © Reuters
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