VERIFIED QUOTE · reported 2026-09-03
“But I do not think [the Ministry of Finance] has done this kind of small stealth intervention in recent history. So it is probably just a reaction to BOJ Governor Ueda's comment cementing the high likelihood of a BOJ rate hike in September,”
Takuji Okubo · said date not stated · reported 2026-09-03
Okubo said by email that Thursday's yen move was probably a reaction to BOJ Governor Ueda's comments rather than stealth intervention.
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