Ex BOJ Mizuno: Counterproductive if Japan doesn’t act on its words in signalling fx intervention
- Japan intervention may gain understanding if yen rises on factors it can’t control
- Increasing outright govt bond buying not an option for the BOJ
Former BOJ board member Mizuno says Japanese currency intervention may gain some understanding in the global community if it is aimed at curbing yen gains which are out of Tokyo’s control.
Mizuno says Japan needs to get serious about arresting the yen’s strength and should act on its warnings of intervention.

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Hoorah! Someone from Japan gets it!
And in other news: the Sun is hot, grass is green, and water is wet. Recap at 11.
Hi Gerry, Can you please make me understand what exactly Mizuno is trying to say?.. I’m not able to extract much out of this.,
He is just changing the words and repeating the same words of Japan PM and Fin. min.. Say different person in different way.. but meaning is same…..
shan. yes headlines dont really suffice. ill fill it out now
[...] Ex BOJ board member Mizuno: Counterproductive if Japan doesn’t act on its words [...]