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Japan’s Furukawa: Carefully watching long-term interest rate moves

By Gerry Davies  || November 11, 2009 at 08:51 GMT
|| 2 comments || Add comment

Japan’s senior vice economy minister Furukawa says

  • Carefully watching long-term interest rate moves
  • Must be careful so that long-term rates don’t rise as a trend
  • Must do best to maintain bond markets’ trust in government’s fiscal discipline

The comments will have lent the JPY a modicum of support, USD/JPY presently back at 89.80 having earlier posted session high 90.03.

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2 Responses to “Japan’s Furukawa: Carefully watching long-term interest rate moves”

  1. Blackday on November 11th, 2009 09:01 GMT

    Morning, Mr Gerry.

  2. Gerry Davies on November 11th, 2009 09:05 GMT

    Morning Blackday. Hope you’re keeping well.



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