Japan has adopted a new tactic of 'ambush' interventions to combat yen weakness, according to exclusive sources cited by Reuters. This was reported by Qazaqyia.kz citing Reuters.
Sources say Japan's Ministry of Finance is using a new tactic against yen short sellers by conducting interventions at unexpected times. Unlike previous methods, this approach is carried out without prior warning, aiming to catch traders off guard.
This move by Japan is intended to increase the effectiveness of the fight against yen depreciation. In recent months, the yen has weakened several times against the US dollar, negatively impacting Japan's export sector.
According to experts, such tactics may increase market uncertainty and reduce speculators' bets against the yen. However, some believe this method may not ensure long-term stability.
Reuters reports that Japan's Ministry of Finance has not officially commented on this tactic, but sources have confirmed the information.