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ICYMI - Japan's Mr. Yen threatened to use the intervention stick again

Japan's Finance Ministry's Vice Finance Minister for International Affairs is Masato Kanda. He is the MoF official who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'.I posted before on how intervention is carried out in the yen by the BOJ, this summary via Goldman Sachs:FX intervention is carried out under the authority of the Ministry of Finance (MOF). The BoJ conducts FX interventions on behalf of and at the instruction of... Read More

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Posted: Oct 20 2023, 00:02

Author Name: forexlive

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