Finance Minister Suzuki said in the foreign exchange market on the 27th of this month that the yen has been depreciating. yen at one point approaching the 152 yen level to the dollar, marking the first time yen has weakened to dollar since July 1990.
"We will continue to take appropriate measures without eliminating any means possible in response to excessive movements," he said, putting a check on market movements. Minister Suzuki was also asked whether the exchange rate of 152 yen to thedollar would serve as a so-called ''line of defense''