Japan finance minister Suzuki says closely watching FX rate movesSome very gentle verbal intervention from fin min Suzuki:
Daily stock market moves set by markets with various factors behind
it- Won't comment on day
to day forex levels - Important for
currencies to move in stable manner reflecting fundamentals - Closely watching FX
moves - Specific monetary
policy is up to BOJ to decide - Monetary policy up
to BOJ to decide, govt won't comment - Expects BOJ to keep
close contact with govt to guide monetary policy appropriately
Still to come:
USD/JPY is barely changed on Suzuki's comments, around 149.26.
Udea and Suzuki
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan finance minister Suzuki says closely watching FX rate moves (https://www.forexlive.com/centralbank/japan-finance-minister-suzuki-says-closely-watching-fx-rate-moves-20240208/)
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