Mitsubishi UFJ: Yen's depreciation may cause further concerns for policymakers in Japan and abroad.

Lee Hardman of Mitsubishi UFJ Financial Group stated in a report that the significant depreciation of the yen may further concern policymakers in Japan and abroad. Japanese Finance Minister Kaori Takashima said that she exchanged views on the issue of the weak yen with US Treasury Secretary Bennett during their meeting on Monday. Hardman pointed out, "If the yen continues to weaken, this dialogue will further intensify market speculation on the Japanese government's intervention in the foreign exchange market to support the yen." He also stated that this development may curb further selling of the yen in the market.