News Formal

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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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".

 

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

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Japan Finance Minister Suzuki reiterates warning against excessive FX volatilityTOKYO : Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning against speculative moves on the yen which is struggling near 11-month lows against the dollar.Suzuki declined to respond when asked whether the gov
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »