Masatsugu Asakawa is vice minister of finance for international affairs. What that means is he tells the BOJ when to go intervene in the currency.
- Says maintaining G20 policy coordination difficult when compared to when G20 began during the GFC
- At the fin min G20 meeting we recognised the risks in EM, Europe and trade
- Global imbalances need multilateral attention
The yield on the 10 year JGB is near -0.15%, the lower end of the BOJ range.
