Japan finance minister says government will take appropriate actions on FX

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

TOKYO : Japan's Finance Minister Shunichi Suzuki said on Friday the government will take appropriate actions in the currency market, repeating Tokyo's recent warnings that culminated in suspected interventions last week to stem a sliding yen.

FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and Korean Finance Minister Choi Sang-mok on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024.

When asked about the government's obligations to disclose whether it has intervened in the markets or not, Suzuki said authorities"would closely monitor market developments and take appropriate actions when needed."After the yen hit a 34-year low of 160.245 per dollar on April 29, Japanese authorities are suspected to have spent more than 9 trillion yen intervening in the market last week to prop up the currency.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Japan may need to smooth excessive yen moves, says Finance Minister SuzukiTBILISI : Japanese Finance Minister Shunichi Suzuki said on Friday authorities may need to smooth any excessive yen moves that hurt households and companies."It's desirable for exchange rates to move stably.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Japan will work with counterparts on excessive FX moves, says finance ministerTOKYO: Japanese authorities will work closely with overseas counterparts to deal with excessive volatility in the foreign exchange market, Finance Minister Shunichi Suzuki said on Tuesday (Apr 23).
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Japan's finance minister gives fresh warning on excessive yen movesWASHINGTON : Japanese Finance Minister Shunichi Suzuki said on Friday authorities would take appropriate action against excessive currency market moves, repeating his warning to investors against pushing down the yen too much.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Japan's Finance Minister Hints at Possible Market Intervention as Yen WeakensJapan's finance minister has stated that they are closely monitoring the yen's weakness and are prepared to take all possible measures to respond to the situation if necessary. This comes after the yen slumped to a fresh 34-year low following stronger than expected US retail sales figures.
Fonte: straits_times - 🏆 5. / 69 Consulte Mais informação »

Japan, US finance chiefs agree to closely communicate on FXWASHINGTON : Japan and the United States agreed to closely communicate on currency markets, Japanese Finance Minister Shunichi Suzuki said on Wednesday after a meeting with U.S. Treasury Secretary Janet Yellen.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Need to monitor, manage FX volatility 'carefully' - Indonesia Finance MinisterLONDON : The volatility in foreign currency markets over the last month needs to be monitored and carefully managed Indonesia's finance minister said on Tuesday. The gyrations in FX markets were linked to higher-for-longer U.S.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »