Many factors to consider if FX moves are 'excessive' -Japan Finance Minister

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

España Noticias Noticias

España Últimas Noticias,España Titulares

Japanese Finance Minister Shunichi Suzuki said on Friday there were many factors to consider in determining whether moves in the foreign exchange market were 'excessive', adding that there were no changes in how the government would deal with them. Japanese authorities are focusing on the speed of currency fluctuations rather than targeting at any specific levels when they judge any need to intervene in the currency market to stem excessive volatility, analysts say. 'There's no change in the government stance,' Suzuki said, when asked about intervention and what defines an excessive move.

TOKYO - Japanese Finance Minister Shunichi Suzuki said on Friday there were many factors to consider in determining whether moves in the foreign exchange market were "excessive", adding that there were no changes in how the government would deal with them.

Investors often think excessive volatility can be measured over a period of one day or so. But Masato Kanda, Japan's top currency diplomat said this week any excessive moves can be measured as, say, a period since the start of this year, during which the yen weakened by around 20 yen to the dollar. The minister added that authorities should make a comprehensive judgment on what constitute excessive moves, taking various factors into account.

‘Tired of the crazy train’: Dave Ramsey tells a frustrated young landlord to ditch the duplex and ‘go get a house’ — 3 ways to invest in real estate without the headaches of having tenantsCanada's top banking regulator will soon implement new guidelines for the mortgage market, aimed at reducing the risks posed by negative amortization mortgages — home loans where the payment terms have ballooned by years and sometimes decades because payments are no longer enough to pay down the loan on...

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Sweden Doesn’t Want to be Long-Term Owner in SAS, Finance Minister Says - BNN BloombergThe Swedish state isn’t planning to remain a long-term owner in SAS AB, even if part of the debt it is owed is converted to equity as part of Tuesday’s plan to take the airline private, according to Finance Minister Elisabeth Svantesson.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »