According to Jinshi Data, Japan's Finance Minister Kato Katsunobu vowed to observe the recent weakening of the yen more cautiously, stating that the yen's depreciation appears rapid and one-sided.

Japanese Finance Minister Kato Katsunobu told reporters during a break at the G20 finance ministers and central bank governors meeting that the Japanese government will closely monitor developments in the foreign exchange market, including speculative behavior, while further enhancing the sense of urgency.

He added that it is important for the exchange rate to remain stable to reflect the economic fundamentals. Kato Katsunobu did not comment on specific issues regarding the exchange rate level or intervention.

On Wednesday evening, the yen fell below the 153 mark against the dollar, reaching its lowest point in nearly three months. Speculation that the Federal Reserve's rate cuts may be slower than previously expected boosted the dollar.