Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 13, 2023.
REUTERS/Susana Vera/File Photo Acquire Licensing RightsTOKYO, Oct 26 (Reuters) - Japanese finance minister Shunichi Suzuki maintained a warning to investors against selling the yen on Thursday, saying authorities were closely watching moves after the currency fell beyond 150 yen against the dollar.
"I'm watching market moves with a sense of urgency, as before," Suzuki told reporters at his ministry, when asked about renewed weakness in the yen.
The dollar rose to 150.32 yen, its highest since October last year when Japan last intervened in the market to support the local currency.
Pressure is mounting on the Bank of Japan to change its bond yield control as global interest rates rise.
Shunichi Suzuki, Susana Vera, Suzuki, Tetsushi Kajimoto, Jamie Freed, Sam Holmes
International Monetary Fund, World Bank, REUTERS, Rights, greenback, Bank of Japan, Thomson
Marrakech, Morocco, Japan