TOKYO :Japan's government wants to act if"rapid, one-sided" moves seen in the currency market recently continue, the country's top government spokesperson warned on Wednesday after the yen slid to a fresh 24-year low.
"I'm concerned about rapid, one-sided moves in the currency market recently," Chief Cabinet Secretary Hirokazu Matsuno told reporters at a news briefing, using stronger language about the yen's fall than officials' remarks earlier this week.
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Japan Finance Minister Suzuki: recent FX volatility is highTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday that the recent currency market volatility was high and that authorities are watching the moves with a great sense of urgency.Suzuki told reporters that it was important for currencies to move stably, reflecting economic fundamentals.
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Japan Finance Minister says watching rising FX volatility with 'sense of urgency'TOKYO :Japanese Finance Minister Shunichi Suzuki said on Tuesday sharp yen moves were 'undesirable' and he was watching rising volatility in the currency market with a 'great sense of urgency'.The yen has fallen more than 20 per cent since the start of this year, driven by monetary policy divergence between J
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