TOKYO :Japan's government will closely watch exchange-rate moves as market stability was"very important," Finance Minister Shunichi Suzuki said on Tuesday in the wake of the yen's decline to a five-year low against the dollar.
"Exchange-rate stability is very important. We'll carefully monitor the currency market and its impact on the Japanese economy," Suzuki told a news conference, when asked about the softening yen.
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Japan Finance Minister Suzuki says watching FX moves closelyTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching exchange-rate moves as stability in the currency market was 'very important.'Suzuki made the remark as the dollar hit a more than five-year high above 118 yen on bets that the Bank of Japan, which announces its lates
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan Finance Minister Suzuki says watching FX moves closelyTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching exchange-rate moves as stability in the currency market was 'very important.'Suzuki made the remark as the dollar hit a more than five-year high above 118 yen on bets that the Bank of Japan, which announces its lates
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »