Japan's top currency diplomat, Masato Kanda, has expressed concerns about the significant impact of excessive foreign exchange movements on the Japanese economy. Kanda emphasized the government's readiness to intervene in the forex market to stabilize the yen, highlighting that such actions could be necessary to counter disorderly, speculative-driven movements. He also noted his commitment to dealing with market fluctuations around the clock, regardless of his location. Finance Minister Suzuki also remarked on the situation, stating that foreign exchange rates should reflect economic fundamentals and described excessive volatility as undesirable. However, both Kanda and Suzuki have refrained from commenting on specific forex levels or confirming any recent interventions.
Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said, reinforcing Tokyo's readiness to intervene again to support a fragile yen. More here: https://t.co/u3js7ooQC6
Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said, reinforcing Tokyo's readiness to intervene again to support a fragile yen https://t.co/0s2lvyII9F
Japan Warns of Action over Rapid Currency Moves https://t.co/bNVZhW9yje
JAPAN'S TOP CURRENCY DIPLOMAT KANDA: NO COMMENT ON WHETHER CURRENCY INTERVENTION OCCURRED
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DECLINES TO COMMENT ON FOREX LEVELS
JAPAN'S TOP CURRENCY DIPLOMAT KANDA SUGGESTS GOVERNMENT INTERVENTION IF FOREX MARKET EXPERIENCES EXCESSIVE VOLATILITY
JAPAN'S TOP CURRENCY DIPLOMAT KANDA EMPHASIZES THE IMPORTANCE OF STABLE CURRENCY MOVEMENTS REFLECTING FUNDAMENTAL FACTORS.
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DECLINES TO COMMENT ON YELLEN'S REMARKS ON FOREIGN EXCHANGE.
Japan’s finance minister declined to confirm whether Japan stepped into the market to support the yen with intervention earlier this week, keeping traders guessing https://t.co/I0pkbxKNY2
Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves https://t.co/TbAvbDkhKx
JAPAN'S FINANCE MINISTER SUZUKI: FX SHOULD REFLECT FUNDAMENTALS, EXCESSIVE FX MOVES ARE UNDESIRABLE.
JAPAN'S FINANCE MINISTER SUZUKI DECLINES TO COMMENT ON CURRENT FX LEVELS.
Japan Top Currency Diplomat Kanda: Will Deal Appropriately With Market Moves When Needed 24 Hours A Day, Whether I'm On A Plane Or Overseas - Jiji
JAPAN TOP CURRENCY DIPLOMAT KANDA SAYS WILL DEAL APPROPRIATELY WITH MARKET MOVES WHEN NEEDED 24 HOURS A DAY, WHETHER I'M ON A PLANE OR OVERSEAS - JIJI
JAPAN'S TOP CURRENCY DIPLOMAT KANDA: I WILL DEAL APPROPRIATELY WITH MARKET MOVES WHEN NEEDED 24 HOURS A DAY, WHETHER I'M ON A PLANE OR OVERSEAS - JIJI.
Japan Top Currency Diplomat Kanda: Cannot Overlook Excessive Forex Moves Having A Major Impact On Japan Economy - Jiji
JAPAN TOP CURRENCY DIPLOMAT KANDA SAYS CANNOT OVERLOOK EXCESSIVE FOREX MOVES HAVING A MAJOR IMPACT ON JAPAN ECONOMY - JIJI
JAPAN'S TOP CURRENCY DIPLOMAT KANDA: I CANNOT OVERLOOK EXCESSIVE FOREX MOVES HAVING A MAJOR IMPACT ON JAPANS ECONOMY - JIJI.