Japan Finance Minister denies reports of talks with US on yen intervention

📆 26/04/2022 06:29:00
📰 ChannelNewsAsia

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

TOKYO :Japanese Finance Minister Shunichi Suzuki said there was 'no truth' to media reports that he had discussed with U.S. Treasury Secretary Janet Yellen a joint currency intervention to stem yen weakness during their meeting last week.Suzuki told reporters that the two confirmed the need to stick to the Gr

TOKYO :Japanese Finance Minister Shunichi Suzuki said there was"no truth" to media reports that he had discussed with U.S. Treasury Secretary Janet Yellen a joint currency intervention to stem yen weakness during their meeting last week.

The minister also stressed the need for currency stability, saying that rapid moves were undesirable, following the G7 agreement that excess volatility and disorderly moves can have adverse effects on economy and financial stability.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan Finance Minister denies report that Japan, US to intervene on yenTOKYO : Japanese Finance Minister Shunichi Suzuki said there was 'no truth' to media reports that he had discussed with U.S. Treasury Secretary Janet Yellen a joint currency intervention to stem yen weakness during their meeting last week.Suzuki told reporters that the two confirmed the need to stick to t It worked last time, stocks rallied. USTreasury WhiteHouse
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »