Japan may intervene if yen dives toward 160 per dollar, ex-BOJ official says

Japan may intervene if yen dives toward 160 per dollar, ex-BOJ official says

TOKYO :Japanese authorities may tolerate moderate yen declines but could intervene if the currency sharply depreciates towards 160 to the dollar, said Atsushi Takeuchi, a former central bank official who was involved in Tokyo’s market forays a…

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