TOKYO : Japanese Finance Minister Shunichi Suzuki on Friday refrained from commenting on the possibility of government intervention in the foreign exchange market, while maintaining his warning against any rapid fluctuations.
"What's most important is currency stability as rapid fluctuations are not desirable," Suzuki told a news conference."We will continue to carefully watch currency market movements and their impact on Japan's economy with a sense of urgency." Japanese currency authorities were likely left in a bind over the yen's weakening, said Daisaku Ueno, chief forex strategist at Mitsubishi UFJ Morgan Stanley Securities.
Japan in theory could take unilateral action by intervening, while giving U.S. authorities advanced notice of such a move, Ueno added.
You, the United Nations, are ignoring the current situation in Burma, the ineffective arrests and killings of innocent people by Min Aung Hlaing's military council violence, and the people of Burma. Do you not know justice? SaveMyanmar JusticforMyanmar RejectMilitaryCoup
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »