Japan finance minister warns against weakening as yen strikes 7-month low

Suzuki warned against investors pushing the yen too low as the currency weakened past 145 per dollar on Friday, a level which kept speculators wary of potential intervention from Japanese authorities.“It is important for currencies to move stably reflecting fundamentals,” Suzuki told reporters. “Sharp and one-sided moves are seen in the currency market lately. We will respond appropriately if the moves become excessive.

Suzuki stopped short of saying he was ‘deeply concerned’ or declaring intention to take ‘decisive steps’, which were the phrases he used as a prelude to the last time authorities intervened in the currency market.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

China bans ‘negative’ finance writers as stock market sinks | Bloomberg NewsChina banned a prominent finance writer and two of his peers from social media platform Weibo for commenting about the country’s stock market and unemployment rate. Wu Xiaobo and two other writers who weren’t fully named “attacked and undermined” Chinese policy and spread “negative and harmful information,” according to a…
출처: BusinessMirror - 🏆 19. / 59 더 많은 것을 읽으십시오 »