Japanese Finance Minister Suzuki says we are monitoring currency market movements “carefully”


Japanese Finance Minister Suzuki

  • Forex movements are driven by various factors
  • The government carefully monitors currency market developments
  • It is important that the currency market moves steadily, reflecting the fundamentals

And about the Bank of Japan:

  • We will not comment in advance on what the government expects from the Bank of Japan
  • We hope that the Bank of Japan will guide policy appropriately, and work closely with the government, to achieve the 2% inflation target sustainably

The yen fell rapidly, and Suzuki tried to mitigate the pace of the decline:

Leave a Reply

Your email address will not be published. Required fields are marked *