Japan's Finance Minister Shunichi Suzuki emphasized the importance of foreign exchange (FX) stability and stated that he is closely monitoring FX movements. Suzuki affirmed that it is crucial for currencies to move in a stable manner reflecting economic fundamentals. He also highlighted that Japan is prepared to take all necessary measures to address excessive FX moves. Suzuki confirmed that the FX intervention conducted in late April and early May was a response to speculative moves and had certain effects. He assured that Japan will continue to respond appropriately to FX market developments.
JAPAN FINMIN SUZUKI: FOREX INTERVENTION HAD CERTAIN EFFECTS
JAPAN FINMIN SUZUKI: FOREX INTERVENTION WAS INTENDED TO RESPOND TO SPECULATIVE MOVES
JAPAN FINMIN SUZUKI SAYS WILL CONTINUE TO RESPOND APPROPRIATELY WHEN ASKED ABOUT FOREX
Japan fin min Suzuki says intervention late April/early May a response to specualtion https://t.co/yuVv1MoORC
Japan FinMin Suzuki: Conducted FX Intervention To Counter Speculative Moves - FX Intervention Had Effects To Some Extent - Watching Forex Moves Closely - Will Continue To Respond Appropriately
SUZUKI SAYS FX INTERVENTION HAD EFFECTS TO SOME EXTENT.
SUZUKI CONDUCTS FX INTERVENTION TO COUNTER SPECULATION
⚠️ JAPAN FINMIN SUZUKI: **IMPORTANT FOR CURRENCIES TO MOVE IN STABLE MANNER REFLECTING FUNDAMENTALS **CLOSELY WATCHING FX MOVES **PREPARED TO TAKE ALL MEASURES ON FOREX
Japan finance minister says closely watching FX moves https://t.co/wArrFM53Rj
⚠️ JAPAN FINMIN SUZUKI: **IMPORTANT FOR CURRENCIES TO MOVE IN STABLE MANNER REFLECTING FUNDAMENTALS **JAPAN FINMIN SUZUKI: CLOSELY WATCHING FX MOVES **JAPAN FINMIN SUZUKI: PREPARED TO TAKE ALL MEASURES ON FOREX
SUZUKI TO TAKE APPROPRIATE RESPONSE TO EXCESSIVE FOREIGN EXCHANGE MOVES
Japan finance minister Suzuki says FX stability is important https://t.co/QRBlJWAi6p