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Japan's Kanda says watching FX market moves closely - will take steps as needed

Japan's Kanda says watching FX market moves closely - will take steps as needed

Japan's Ministry of Finance's (MoF) Masato Kanda is its top currency official. Kanda will be the official responsible for instructing the Bank of Japan to intervene in the currency (in this case to buy the yen) if/when he deems it appropriate to do so.

Remarks crossing the wires:

  • Closely watching forex market moves with a high sense of urgency and ready to take steps as needed
  • US currency report describes Japan's currency policy as transparent

Japan's MoF... Read More

Posted: Nov 10 2022, 23:28
Author Name: forexlive
Views: 111563

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