Japan's Finance Minister revealed that it is possible that the Japanese government will intervene in financial markets again.
NHK, Japanese media reported Yoshihiko Noda (野田 佳彦) Japan's Finance Minister said that we will track closely the movements of financial markets from Monday onwards. Which is signs it is possible that the Japanese government will intervene in financial markets again.
However, the yen had been appreciating against the US dollar in trading on the New York Stock Exchange. At one point, with the appreciation of the yen touched 75.95 yen per 1 U.S. dollar. Japanese government ever intervene once again in financial market on 4 August, by selling yen and buying US dollars along with the notification relax monetary policy, but the yen is still strong today. Many companies such as automotive and electronic companies announced that they will need to transfer their production bases to foreign countries. If the yen continues to rise steadily. Therefore, attention then turns at government and the Central Bank of Japan that they will respond to this problem by any means?