Japanese Finance Minister Shunichi Suzuki and Japan express strong concern over the negative effects of the weakened yen. Suzuki opposes undesirable excessive currency fluctuations and warns against them. The yen has fallen to its weakest levels against major currencies like the British pound, euro, and U.S. Dollar, providing potential earnings boosts for Japanese companies with significant sales in those regions.
So...the Japanese 10 year is up to 1.12% now but the yen is still getting weaker not stronger. Realllllyyyy pushing the machine to the limits now. https://t.co/g3og2YXYKJ
Japanese Yen has fallen to its lowest level against the U.S. Dollar since the Bank of Japan secretly intervened a month ago https://t.co/cS8l49CXMV
The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant sales in Europe https://t.co/4APSAByB62
The yen slumped to its weakest level in almost 16 years against the British pound https://t.co/hH0sdAwe6L
JAPAN’S YEN FALLS TO WEAKEST IN ALMOST 16 YEARS VERSUS POUND
JAPAN’S YEN FALLS TO WEAKEST IN ALMOST 16 YEARS VS POUND
🇯🇵 (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned more about the negative aspects of the current weakness in the yen right now, reiterating Japan's warnings against excessive currency moves. "The weak yen boosts exporters' profits but also… https://t.co/mEbOEsbS8s
Japan says the country is concerned about the negative aspects of the weak yen. Hilarious. They are worried about the value of its currency getting destroyed. The Japanese yen is down nearly 35% against gold in the last year. The Hollywood ending is coming.
⚠️ JAPAN CONCERNED MORE ABOUT NEGATIVE ASPECTS OF WEAK YEN, FINANCE MINISTER SAYS Full Story → https://t.co/o4gP6J8ME1 https://t.co/rjAPsr0oC6
SUZUKI EXPRESSES STRONG CONCERN OVER NEGATIVE EFFECTS OF WEAKENED YEN
SUZUKI OPPOSES UNDESIRABLE EXCESSIVE CURRENCY FLUCTUATIONS
SUZUKI CALLS FOR EFFORTS TO RESTORE FISCAL HEALTH AMID INTEREST RATES
SUZUKI CAUTIONS AGAINST MAINTAINING RATES ABOVE ZERO