Suzuki:

  • FX stability is important
  • closely watching the impact of forex on Japan's economy
  • must watch out for any sharp FX moves

If you have missed these sorts of comments in the recent past out Japan on the importance of FX stability ... what they mean is Japanese authorities do not want to see sharp movement in the yen exchange rate.

Over the past 24 hours or so its pretty much been mission accomplished, right?

usdyen 05 April 2022 22