- It is important for currency market to move stably reflecting fundamentals
- Rapid swings are undesirable
- Rapid yen weakening is seen recently in the currency market, concerned about it
- Government, BOJ will watch closely moves in the currency market
- Will watch for impact on the economy and prices with a sense of urgency
- Will respond appropriately as needed in the currency market based on G7 agreement
To put short, it is a whole load of nothing again. Sure, they might have probably slipped in a mention that they are "concerned" about the situation but they aren't going to go beyond verbal intervention once again for the time being.
USD/JPY did drop a little from 133.85 to 133.60 but as has been the case previously, this would prove to be but a speed bump for the most part.