Japan fin min Suzuki says will not rule out any options against excessive moves

Japan finance minister Suzuki comments:

  • Currency rates should be set by the market
  • Rapid FX moves
    undesirable
  • FX stability is
    important
  • Won’t rule out any
    options against excessive moves
  • No comment on
    whether Japan intervened in the FX market
  • We are watching FX
    moves very carefully

The only excess volatility we’ve had in USD/JPY has been down to Suzuki and his officials at the MoF!

Source: https://www.forexlive.com/centralbank/japan-fin-min-suzuki-says-will-not-rule-out-any-options-against-excessive-moves-20231004/

Source: https://webfulnet.com/

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