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Japan's yen intervention guy says will respond if FX moves become excessive - verbal.

Japan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the guy (its normally a guy, yeah) who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'.Will respond to FX moves if moves become excessiveFX should move stably reflecting fundamentalsWill not rule out any options (KAnda was asked about intervention) we are focusing on FX moves rather than levels---On that last comments, it's the pace of move... Read More

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Posted: Jun 25 2023, 23:05

Author Name: forexlive

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