Japan's finance minister gives fresh warning on excessive yen moves

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

España Noticias Noticias

España Últimas Noticias,España Titulares

WASHINGTON : Japanese Finance Minister Shunichi Suzuki said on Friday authorities would take appropriate action against excessive currency market moves, repeating his warning to investors against pushing down the yen too much.

FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks during an event about expanding health coverage for all during the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 18, 2024. REUTERS/Ken Cedeno/File Photo

"Uncertainty and market speculation over these developments have heightened volatility in financial markets, including foreign exchange markets," Suzuki said in a statement to the International Monetary Fund's steering committee. A broad dollar rally driven by receding market expectations of a near-term U.S. interest rate cut has recently pushed the yen to a 34-year low, heightening the chance of currency intervention by Japanese authorities.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

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

Japan's finance minister sees 'speculative' moves in currency marketTOKYO : Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Japan Finance Minister says it's difficult to comment on chance of FX interventionTOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday that it's difficult to comment on the possibility of currency intervention, when asked about the chance of such action by authorities to stem the yen's weakness.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Japan, US finance chiefs agree to closely communicate on FXWASHINGTON : Japan and the United States agreed to closely communicate on currency markets, Japanese Finance Minister Shunichi Suzuki said on Wednesday after a meeting with U.S. Treasury Secretary Janet Yellen.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Japan's Finance Minister Hints at Possible Market Intervention as Yen WeakensJapan's finance minister has stated that they are closely monitoring the yen's weakness and are prepared to take all possible measures to respond to the situation if necessary. This comes after the yen slumped to a fresh 34-year low following stronger than expected US retail sales figures.
Fuente: straits_times - 🏆 5. / 69 Leer más »

Japan ready to take action vs excessive yen volatility, says finance ministerTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities were ready to take appropriate action against excessive currency market volatility, without ruling out any options.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »