Japanese government expert group member: The yen may face intervention before reaching the 160 level.

Takuji Aida, a member of the Japanese government committee and chief economist at the French Agricultural Credit Bank, stated that as the Japanese yen continues to approach 160 yen to the US dollar, Japan may be closer to intervening in the foreign exchange market than many investors anticipate. He mentioned that Japan has substantial foreign exchange reserves and if the government intervenes in the foreign exchange market, it may use these funds. Aida also noted that under the leadership of Prime Minister Takanori Kan, the government is more likely to hold this view.