News Formal

Japan's finance minister says yen intervention may be necessary when there are ‘excessive' moves

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country’s policymakers if the yen moved in sharp directions.

Japanese Finance Minister Shunichi Suzuki declined to comment when asked whether current levels for the yen were appropriate.

"When there is an excessive movement, it may be necessary to smooth it out," he told CNBC's Dan Murphy, according to a translation. 32-year-old mom's Poshmark side hustle brings in nearly $4,000 a month — she only works 3 to 4 hours a day"The government has been refusing to disclose whether they've been intervening or not, but I don't think many people have any doubts," Nicholas Smith, Japan strategist at CLSA, told CNBC earlier this week.

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:

 /  🏆 545. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Japan's finance minister gives fresh warning on excessive yen movesJapan's finance minister gives fresh warning on excessive yen moves
Source: Investingcom - 🏆 450. / 53 Read more »