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Japan finance minister says no 'defence line' set in dealing with FX moves

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TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday Japanese authorities have set no 'defence line' in dealing with currencies and that they would not rule out any options if moves become excessive.Speaking to reporters after a cabinet meeting, Suzuki said that looking at the current situatio

TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday Japanese authorities have set no"defence line" in dealing with currencies and that they would not rule out any options if moves become excessive.

Speaking to reporters after a cabinet meeting, Suzuki said that looking at the current situation, there was a sense that the yen's weakness had progressed"quite a bit".

 

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