Japan Finance Minister Suzuki reiterates warning against excessive FX volatility

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By Tetsushi Kajimoto TOKYO (Reuters) - Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki ...

By Tetsushi Kajimoto TOKYO - Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning againstBy Tetsushi Kajimoto

Suzuki declined to respond when asked whether the government had any plans for making rate checks, usually a prelude to an intervention. However, analysts are sceptical whether intervention could alter the tide of yen weakening given the divergence in monetary policy between the United States and Japan, with the Federal Reserve keeping rates elevated while the Bank of Japan sticks to monetary easing.

 

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