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Japan finance minister says no 'defence line' set in dealing with FX moves

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TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday Japanese authorities have set no 'defence line' in dealing with currencies and that they would not rule out any options if moves become excessive.Speaking to reporters after a cabinet meeting, Suzuki said that looking at the current situatio

TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday Japanese authorities have set no"defence line" in dealing with currencies and that they would not rule out any options if moves become excessive.

Speaking to reporters after a cabinet meeting, Suzuki said that looking at the current situation, there was a sense that the yen's weakness had progressed"quite a bit".

 

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Japan Finance Minister Suzuki reiterates warning against excessive FX volatilityTOKYO : Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning against speculative moves on the yen which is struggling near 11-month lows against the dollar.Suzuki declined to respond when asked whether the gov
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