TOKYO : Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as"hectic", highlighting the complication for authorities in responding to sharp currency moves.
The sharp currency swings could complicate efforts by Japanese policymakers to stem the yen's weakness, which they worry would boost living costs and undermine the terms of trade by widening trade deficits.
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Former Maoist commander reinstated as Nepal's finance minister
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Former Maoist commander reinstated as Nepal's finance ministerKATHMANDU: Nepal has reinstated its finance minister, the president's office announced on Sunday (Jul 31), after an internal investigation found no evidence to prove he was involved in making illegal changes to the budget. Janardan Sharma resigned in early July after the speaker of parliament ordered inves
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Pakistan imports fall sharply in July, to help rupee stabilise - finance ministerISLAMABAD : Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance minister said on Sunday, adding the improved trade situation will reduce pressure on the struggling rupee. July imports fell to $5 billion, down 35 per cent from June's record monthly high of $7.7 bil
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