Japan finance minister Suzuki says watching FX moves 'carefully'
Japan finance minister SuzukiForex moves are driven by various factorsthe government is watching FX developments carefullyits important for FX to move stably, reflecting fundamentalsand, on the Bank of Japan:won't comment in advance on what the government expects from BOJhope the BOJ guide policy appropriately, working closely with the government, to sustainably achieve the 2% inflation targetThe yen has slid lower rapidly, Suzuki trying to temper the pace of decline: This article was written by Eamonn Sheridan at www.forexlive.com.
Japan finance minister Suzuki
- Forex moves are driven by various factors
- the government is watching FX developments carefully
- its important for FX to move stably, reflecting fundamentals
and, on the Bank of Japan:
- won't comment in advance on what the government expects from BOJ
- hope the BOJ guide policy appropriately, working closely with the government, to sustainably achieve the 2% inflation target
The yen has slid lower rapidly, Suzuki trying to temper the pace of decline: This article was written by Eamonn Sheridan at www.forexlive.com.