Japan finance minister Aso: Sudden FX moves are undesirable

Author: Eamonn Sheridan | Category: News

Japan finance minister Aso comments

  • Will take appropriate measures on forex as needed
  • watching markets closely
  • Japan's econ fundamentals very strong
  • Desirable for currencies to move in stable manner reflecting economic fundamentals
  • Sudden fx moves are undesirable
  • Recent yen moves have been very rough
  • Want to consider policy coordination looking at markets at G20 meeting in Shanghai
  • Will continue to closely monitor forex moves
  • No comment on whether Japan intervened in forex market
  • G7 has agreed that sudden forex moves are undesirable
  • Recent market sentiment is overly pessimistic


Headlines via Reuters 

-

Taps screen .... is this thing even on?

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose