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Japan's Kanda: It is normal not to announce FX intervention immediately after it is done
Basically, we won't make any comments when intervening in FX marketIf we don't act to excessive moves, that could hurt those who are vulnerableCurrencies must move stably, reflecting fundamentalsThere is international agreement that we can act if there are excessive FX movesHis words don't match up with what he means really, because all I'm hearing is "how to say that we intervened by saying that we don't comment on intervening right after". In case you missed things at the start of October: USD...
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Posted: Oct 19 2023, 05:40
Author Name: forexlive
Views: 112270