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Takuji Okubo

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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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