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Japan Fin Min Suzuki says concerned about one-sided yen weakening

Started by forex4you, Sep 16, 2022, 03:11 pm

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Japan Fin Min Suzuki says concerned about one-sided yen weakening

<p>Japan finance minister Suzuki with the verbal attempt at intervention. </p><ul><li>
Important for fx to move stably reflecting econ fundamentals</li><li>Sharp currency moves
are undesirable</li><li>Concerned about
recent sharp, one-sided yen weakening</li><li>If sharp yen moves
persist, we will take necessary action without ruling out any options</li><li>Want to closely
watch fx moves</li><li>Weak yen has both
merits and demerits</li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Japan Fin Min Suzuki says concerned about one-sided yen weakening

forexlive.com
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