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Japan’s Top FX Diplomat Mimura: Intervention a necessary measure to counter speculation

Started by forex4you, Jul 31, 2024, 06:17 am

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Jul 31, 2024, 06:17 am
Japan's Top FX Diplomat Mimura: Intervention a necessary measure to counter speculation

Atsushi Mimura, Japan's newly appointed Vice Finance Minister For International Affairs and top foreign exchange official, said in a Bloomberg interview Monday that "while the recent depreciation of the yen has both advantages and disadvantages, the demerits are becoming more noticeable." Additional comments Intervention among the measures available to counter speculation that weighs excessively on the currency.

Source: Japan's Top FX Diplomat Mimura: Intervention a necessary measure to counter speculation
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