Japan Finance Minister says no change in FX policy after US report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

TOKYO: Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Finance Minister Shunichi Suzuki said on Tuesday (Jun 20), noting that the move came in coordination with Washington. 'As for currency policy, we'll keep close communications with t

TOKYO: Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Finance Minister Shunichi Suzuki said on Tuesday , noting that the move came in coordination with Washington.

"As for currency policy, we'll keep close communications with the United States and other countries," Suzuki told reporters."The fact that Japan was removed from the list doesn't immediately mean that we would respond in a different way from before or there's any impact." The US Treasury on Friday said it found that no major US trading partners had manipulated their currencies for an export advantage, adding it ended"enhanced analysis" for Switzerland after the country met one of three manipulation criteria.

In its semi-annual currency report, the Treasury said Switzerland remains on a"monitoring list" for close attention to foreign exchange and economic policies, along with six other trading partners: China, Taiwan, South Korea, Germany, Malaysia, Singapore.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kuwait forms cabinet with new oil minister, finance minister re-appointedDUBAI: Kuwait formed a new government on Sunday (Jun 18) naming Saad Al Barrak as oil minister to replace Bader Al-Mulla and reappointing Finance Minister Manaf Abdulaziz Al Hajri. Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah, who was re-appointed as prime minister last week, formed the new cabinet announced
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »