Japan will take appropriate steps vs excessive yen moves

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Japan will take appropriate steps against excessive moves in the yen 'without ruling out any options', Finance Minister Shunichi Suzuki said on Wednesday, keeping markets on alert over the chance of yen-buying intervention.

Japan's vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. Picture taken January 31, 2022. REUTERS/Issei Kato/File Photo

Suzuki told reporters he would not comment on whether Tokyo intervened in the exchange rate market overnight to prop up the yen. Japan's top currency diplomat Masato Kanda told reporters earlier on Wednesday that authorities were looking at various factors, including implied volatility, in determining whether yen moves were excessive.

 

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:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Japan ready to take action if yen falls sharply, finance minister saysThe Japanese government stands ready to take action if the yen weakens too sharply, Finance Minister Shunichi Suzuki said Tuesday.
Source: MarketWatch - 🏆 3. / 97 Read more »

Japan will take appropriate steps vs excessive yen moves - finance min By ReutersJapan will take appropriate steps vs excessive yen moves - finance min
Source: Investingcom - 🏆 450. / 53 Read more »

Japan’s Suzuki: No comment on whether Japan intervened in FX marketJapanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.” Additional
Source: FXStreetNews - 🏆 14. / 72 Read more »

British Finance Minister Jeremy Hunt rules out short-term tax cutsU.K. Finance Minister Jeremy Hunt on Monday ruled out tax cuts in the short-term, arguing that to reduce them now would be inflationary.
Source: CNBC - 🏆 12. / 72 Read more »

Britain's finance minister to announce higher minimum wageBritish finance minister Jeremy Hunt on Monday will announce a rise in the minimum wage in his annual Conservative party conference speech, where he is expected to ignore a growing clamour for tax cuts within his party.
Source: Reuters - 🏆 2. / 97 Read more »

Britain's finance minister to announce higher minimum wage By ReutersBritain's finance minister to announce higher minimum wage
Source: Investingcom - 🏆 450. / 53 Read more »