Are the currency authorities worried about the current yen depreciation?!

4/10, United States3monthCPI(Consumer Price Index)surprise rise caused long-term U.S. interest rates to surge, and the dollar/yen also rose sharply. The Ministry of Finance has repeated warnings against yen depreciation since the latter half of last month, but even as a significant yen depreciation occurred, it refrained from currency market intervention to buy yen. The Bank of Japan, rather than worrying about the depreciation, continues its monetary easing policy that tolerates yen depreciation. Here is an explanation of the background.