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Japan finance minister Suzuki says FX rate moves are driven by the market, various factors

Japan finance minister Suzuki says FX rate moves are driven by the market, various factors
Syzuki often comes out with obvious statements like this. The point is not the substance its that he is making statements.Japanese authorities are wary of rapid yen depreciations. Such comments are meant to slow, and even reverse, this. USD/JPY has fallen back a little this week:More from Minister Suzuki:A weak yen has various impact on Japan's economy such as exports, import pricesCurrent account balance, japan's stance on fiscal reform also affect long-term market trust on yenand from Bank of... Read More
Posted: Jun 2 2023, 01:48
Author Name: forexlive
Views: 081396

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