Last weekend, U.S. Treasury Secretary Yellen revealed that Japan had not been informed of the market intervention by the government and the Bank of Japan to sell the dollar and buy the yen.
In the New York exchange market on the 21st of last week, the government and the Bank of Japan implemented a so-called "masked intervention" that did not dare to disclose the fact of intervention in order to put a brake on the rapid depreciation of the yen against the dollar. did.
Regarding this, Treasury Secretary Yellen was asked by reporters after a lecture in New York, ``Do you think it is appropriate that Japan has intervened again?'' In response, ``I have not heard anything about intervention. In the past, Japan informed us of its intervention, but I understand that it was a concern about excessive fluctuations," he said, revealing that he has not been notified by the Japanese side about the intervention again.