Japan will take appropriate steps vs excessive yen moves, says finance minister

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The yen strengthened sharply overnight on Tuesday, leading some market participants to believe Tokyo had intervened to support the currency.

A man walks in front of electronic boards showing the rate of the Japanese yen versus the US dollar and a share price of the Tokyo Stock Exchange along a street in Tokyo on September 28, 2023.Japan will take appropriate steps against excessive moves in the yen "without ruling out any options", Finance Minister Shunichi Suzuki said on Wednesday, keeping markets on alert over the chance of yen-buying intervention.

"The government is watching market developments very carefully. We're ready to take necessary action against excess volatility, without ruling out any options," he added. "Even if that's not the case, if we see one-sided moves accumulate into very big moves in a certain period of time, that's also excess volatility," he said. He declined to comment on whether the overnight yen moves were excessive.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Japan’s Suzuki: No comment on whether Japan intervened in FX marketJapanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.” Additional
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

Japan will take appropriate steps vs excessive yen moves - finance min By ReutersJapan will take appropriate steps vs excessive yen moves - finance min
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »