Japan finance minister Suzuki says rapid FX moves are undesirable

September 17, 2024 at 01:46AM
Japan finance minister Suzuki

Forex fluctuations have both merits and demerits on the Japanese
economy

Will respond
appropriately after analyzing impact of forex moves

Rapid fx moves
undesirable

Important for currencies to move a stable manner, reflecting fundamentals

USD/JPY is up from lows around 139.60 on Monday. It hit above 141.20 earlier in the session here.

Suzuki’s cage getting rattled.

This article was written by Eamonn Sheridan at www.forexlive.com.

Japan finance minister Suzuki says rapid FX moves are undesirable