Japan is prepared to intervene in the foreign exchange market “at any time” to address the yen’s continued depreciation, according to former top currency diplomat Mitsuhiro Furusawa. Furusawa suggested a coordinated effort with other nations is possible to stabilize the currency. Alongside intervention, the Bank of Japan may also indicate a willingness to accelerate planned interest rate hikes. This potential shift in monetary policy is aimed at curbing further declines in the yen’s value. The yen has weakened considerably against the dollar recently, raising concerns about import costs and economic stability. Furusawa’s comments signal a growing urgency within Japan to counter the yen’s fall and protect the economy. These actions could mark a significant change in Japan’s long-standing monetary easing policies.