Yen exchange rate: 1 dollar = trading in the high 151 yen range, yen depreciating. The yen is approaching its lowest level in 33 years, and there is a sense of caution about market intervention by the government and the Bank of Japan.
Finance Minister Suzuki: "We are watching market trends with a high degree of nervousness" The interest rate differential between Japan and the U.S. will continue to be large, and people continue to sell yen and buy dollars, he says.